Derivative - definition of term
A financial instrument whose value depends on the value of a specified underlying instrument or variable. Futures and options are traded on many recognized exchanges. Many types of derivative contract, including forwards and swaps, are traded off-exchange (the "over the counter" market) among financial institutions, fund managers and companies.
Derivative in our glossary: terms and definitions
. Be sure to use our resources to the full! Just follow the link below:
Derivative at assetman.net