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legal instrument vs derivative instrument

derivative instrument vs legal instrument

legal instrument and derivative instrument both are nouns.

Word NounAdjectiveVerbAdverb
legal instrument Yes No No No
derivative instrument Yes No No No
As nouns, derivative instrument is a hyponym of legal instrument; that is, derivative instrument is a word with a more specific, narrower meaning than legal instrument:
  • legal instrument: (law) a document that states some contractual relationship or grants some right
  • derivative instrument: a financial instrument whose value is based on another security
legal instrument (noun) derivative instrument (noun)
(law) a document that states some contractual relationship or grants some right a financial instrument whose value is based on another security
Difference between legal instrument and derivative instrument

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