Which of the following refers to financial instruments that have monetary value?

The term that refers to financial instruments that have monetary value is "securities." Securities encompass a range of financial instruments, including stocks and bonds, which represent ownership or creditor relationships with corporate or governmental entities. They are traded on financial markets and have a monetary value derived from their potential to generate returns for investors.

When you consider the broader category of financial terms, "assets" generally refers to any resource owned by an individual or entity that has economic value, but it is a more comprehensive concept that includes securities as well as real estate, commodities, and other forms of value. Stocks and bonds can also be seen as types of securities, but they are specific instruments within the wider category.

By understanding that securities include various financial instruments with intrinsic monetary value, it becomes clear why this term is the correct choice in this context.