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A comment on Woman makes $420k by buying insurance on flights she predicted would get delayed. Parent comment

Re:Woman makes $420k by buying insurance on flights she pred... by leesalminen on Monday June 15, 2020 @11:54AM (#23528759)
So, if I'm holding un-vested RSUs in a tech start-up, it isn't a financial instrument because the monetary contract stipulates that I can't _trade_ it?
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Re:Woman makes $420k by buying insurance on flights she pred... by TheNorthman on Monday June 15, 2020 @12:10PM (#23528951)
No, unvested RSUs are financial instruments for the same reason life insurance is. Your unvested RSUs accumulate cash-value over time and can be traded at the time of vesting. One might call them a derivative financial instrument.

Regular insurance doesn't accumulate cash-value and therefor is not a financial instrument.

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