The English-Ukrainian Dictionary. Economics, Finance, Banking, Investmentss, Bank Loans. S. Ya. Yermolenko, V. I. Yermolenko. 2002.
underlying cash markets — The markets for financial instruments upon which a futures or options contract is based. These tend to be homogeneous or a basket of like instruments, e.g. 3 month sterling interest rates, German government bonds with 8 1/2 10 years to maturity.… … Financial and business terms
underlying — or underlier An option or a future is a right or a commitment to buy or sell something at a future date. The underlying is the financial instrument that may or must be bought or sold in each option or futures contract. FAS 133, as amended by FAS… … Financial and business terms
Underlying — The something that the parties agree to exchange in a derivative contract. The New York Times Financial Glossary * * * underlying un‧der‧ly‧ing [ˌʌndəˈlaɪ ɪŋ◂ ǁ ər ] adjective 1. underlying figure/rate ECONOMICS a rate or figure that shows the… … Financial and business terms
Underlying Security — The security on which a derivative derives its value. For example, a call option on Google stock gives the holder the right, but not the obligation, to purchase Google stock at the price specified in the option contract. In this case, Google… … Investment dictionary
Underlying Asset — A term used in derivatives trading, such as with options. A derivative is a financial instrument whose price is based (derived) from a different asset. The underlying asset is the financial instrument (e.g., stock, futures, commodity, currency,… … Investment dictionary
Underlying Option Security — An underlying option security is the financial instrument on which a derivative s (i.e., an option s) value is based – it provides the price that is used to determine the value of the derivative. An option is classified as a derivative… … Investment dictionary
underlying asset — The security or property or loan agreement that an option gives the option holder the right to buy or to sell. Bloomberg Financial Dictionary The security, stock, commodity, index or future upon which an options or futures contract is based.… … Financial and business terms
underlying security — For options, the security that is subject to purchase or sold upon exercise of an option contract. For example, IBM stock is the underlying security for IBM options. For depositary receipts, the class, series, and number of the foreign shares… … Financial and business terms
Negotiable instrument — A negotiable instrument is a document guaranteeing the payment of a specific amount of money, either on demand, or at a set time. According to the Section 13 of the Negotiable Instruments Act, 1881 in India, a negotiable instrument means a… … Wikipedia
Synthetic instrument — A synthetic instrument is a term in metrology (test and measurement science). A Synthetic Instrument is software that runs on a Synthetic Measurement System to perform a specific synthesis, analysis, or measurement function. A Synthetic… … Wikipedia
Primary Instrument — A financial investment whose price is based directly on its market value. Examples of primary instruments include stocks, bonds, certificates of deposit, bills and anything else that has its own value. By contrast, the price of derivative… … Investment dictionary
