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derivative instrument vs legal instrument

legal instrument vs derivative instrument

derivative instrument and legal instrument both are nouns.

Word NounAdjectiveVerbAdverb
derivative instrument Yes No No No
legal instrument Yes No No No
As nouns, legal instrument is a hypernym of derivative instrument; that is, legal instrument is a word with a broader meaning than derivative instrument:
  • derivative instrument: a financial instrument whose value is based on another security
  • legal instrument: (law) a document that states some contractual relationship or grants some right
Other hypernyms of derivative instrument include instrument, legal document, official document.
derivative instrument (noun) legal instrument (noun)
a financial instrument whose value is based on another security (law) a document that states some contractual relationship or grants some right
Difference between derivative instrument and legal instrument

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