Deliverable instrument

Deliverable instrument

The asset in a forward contract that will be delivered in the future at an agreed-upon price.

Deliverable Instrument

The underlying asset in a forward contract. A deliverable instrument is a commodity or security that is given to the buyer of a forward contract at the expiration date in exchange for a certain price. See also: Delivery.
References in periodicals archive ?
In the real world hedging must often be accomplished by using futures contracts on different deliverable instruments. Such hedging may result in imperfect hedging as shown by Anderson and Danthine [1], Eaker and Grant [11], Dellas and Zilberfarb [9], Broll, Wahl and Zilcha [6].
In the real world hedging must often be accomplished by using futures contracts on different deliverable instruments. Such hedging is called indirect hedging and generally yields an imperfect hedge.