Meaning | A financial instrument whose value is based on another security. |
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Synonym | derivative |
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Category | law, jurisprudence | The collection of rules imposed by authority |
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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 |
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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 |
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Spanish | derivado financiero, instrumento derivado |
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Catalan | derivat financer, instrument derivat |
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