NOUN | communication | derivative instrument, derivative | a financial instrument whose value is based on another security |
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Meaning | A financial instrument whose value is based on another security. | |
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Synonym | derivative | |
Category | law, jurisprudence | The collection of rules imposed by authority |
Narrower | futures contract | An agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price / price on a stipulated future date |
option | The right to buy or sell property at an agreed price | |
Broader | legal document, legal instrument, official document, instrument | (law) a document that states some contractual relationship or grants some right |
Spanish | derivado financiero, instrumento derivado | |
Catalan | derivat financer, instrument derivat |
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