HYBRID INSTRUMENT Definition

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HYBRID INSTRUMENT is a package containing two or more different kinds of risk management instruments that are usually interactive.

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EQUIVALENT UNIT OF PRODUCTION (EPU) is based on the idea that if 100 units are all 40% complete, then 40 whole units could have been completed.

BED and BREAKFAST was an overnight UK tax related maneuver intended to establish a tax loss benefit. Now no longer allowed.

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