Financial instruments refer to financial assets that can be traded in the financial market. They are written proofs to prove the surplus and deficiency of money between borrowers and lenders, and their most basic elements are the amount paid and the terms of payment.

financial instruments such as stocks, futures, gold, foreign exchange and insurance policies are also called financial products, financial assets and securities. Because they are products that can be bought and sold in the financial market, they are called financial products; Because they have different functions and can achieve different purposes, such as financing and hedging, they are called financial instruments. In the qualitative and classification of assets, they belong to financial assets, so they are called financial assets; They are legal documents that can prove the relationship between property rights and creditor's rights and debts, so they are called securities. The vast majority of financial instruments or products, assets and securities have different degrees of risk.

Further reading: How to buy insurance, which is better, and teach you how to avoid these "pits" of insurance.