BUSINESS AND COMPETITION|accounting
- ionstraimí airgeadais díorthacha Reference Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- derivative financial instruments
- en
- Definition financial instruments, such as financial options, futures and forwards, interest rate swaps and currency swaps, which create rights and obligations that have the effect of transferring between the parties to the instrument one or more of the financial risks inherent in an underlying primary financial instrument Reference "Commission Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002, CELEX:32008R1126"
- Comment "Derivative instruments do not result in a transfer of the underlying primary financial instrument on inception of the contract and such a transfer does not necessarily take place on maturity of the contract.Reference: IASCF, Key term list; Commission Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002, CELEX:32008R1126"