Financial instrument

Financial instrument means any legally enforceable agreement, certificate, or other writing, in hardcopy or electronic form, having monetary value including, but not limited to, any agreement, certificate, or other writing evidencing an asset pledged as collateral to a Bank by a member to secure an advance by the Bank to that member.

Source

12 CFR § 1233.2

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Scoping language

The following definitions apply to the terms used in this part:

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