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Giskard
Giskard
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I know that cash is a financial asset and securities are defined as tradable financial assets, so cash is a security, right? Another
Another thing I'm wondering is that whether cash/banknote is a debt instrument or not, in wikipedia(. https://en.wikipedia.org/wiki/Security_(finance)On wikipedia) it is defined as one of a debt securities.

I know that cash is a financial asset and securities are defined as tradable financial assets, so cash is a security, right? Another thing I'm wondering is that whether cash/banknote is a debt instrument or not, in wikipedia(https://en.wikipedia.org/wiki/Security_(finance)) it is defined as one of a debt securities.

I know that cash is a financial asset and securities are defined as tradable financial assets, so cash is a security, right?
Another thing I'm wondering is that whether cash/banknote is a debt instrument or not. On wikipedia it is defined as one of a debt securities.

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John Richard
John Richard
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Is cash(currency) a security and a debt instrument?

I know that cash is a financial asset and securities are defined as tradable financial assets, so cash is a security, right? Another thing I'm wondering is that whether cash/banknote is a debt instrument or not, in wikipedia(https://en.wikipedia.org/wiki/Security_(finance)) it is defined as one of a debt securities.