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Tradable Instrument Display Mnemonic |
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Tradable Instrument Display MnemonicA mnemonic code allocated by the London Stock Exchange and used to identify a tradable instrument. Used to be called an EPIC code.Similar MatchesUnderlying instrumentUnderlying instrumentThe instrument, such as shares and commodities on which a futures or options contract is based. Negotiable instrumentNegotiable instrumentAn unconditional order or promise to pay some amount of money, easily transferable from one party to another. InstrumentInstrument1. An economic variable that is controlled by policy makers and can be used to influence other variables, called targets. Examples are monetary and fiscal policies used to achieve external and internal balance. 2. See financial instrument. Negotiable InstrumentNegotiable InstrumentAccording to the Uniform Negotiable Instruments Act, an instrument is negotiable when it is in writing and signed, containing an unconditional promise or order to pay a certain amount of money, on demand, or at a definite future date, to the bearer, to order, or to a named or certain drawee. Financial instrumentFinancial instrumentA document, real or virtual, having legal force and embodying or conveying monetary value. Further SuggestionsMoney market instrumentsExchangeable instrument Limited liability instrument negotiable instrument Inchoate Instrument Unrecorded Instrument debt instrument Instruments Alternative mortgage instruments Deliverable instrument |
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