de·riv·a·tive 1 /də-'ri-və-tiv/ n: a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index)◇ Derivatives often take the form of customized contracts transacted outside of security exchanges, while other contracts, such as standard index options and futures, are openly traded on such exchanges. Derivatives often involve a forward contract.derivative 2 adj1: arising out of or dependent on the existence of something else compare direct2: of, relating to, or being a derivativea derivative transactionde·riv·a·tive·ly adv
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
ascribable, attributable, caused, coming from, consequent, consequential, derivate, derivational, derived, deriving, descendant, descended, ensuing, evolved, following, hereditary, imitative, resultant, resulting, secondary, sequent, subordinate, subsequent, subsidiary, vicarious
associated concepts: derivative action, derivative authority, derivative deed, derivative jurisdiction, derivative liabilities, derivative powers, derivative rights, derivative stockholder's suit, derivative title
ancillary (subsidiary), consequence (conclusion), consequential (deducible), dependent, offshoot
Burton's Legal Thesaurus. William C. Burton. 2006
adj.Coming from, influenced by, or originating in someone or something else.n.Something that comes from another person or source.v.derive
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
A financial instrument whose value is based on the value of an underlying security, such as a commodity, currency, or bond. The most common derivatives are futures, options, and swaps. They are used to manage risk and fluctuations in the value of the underlying security but are often risky and complicated investments.Category: Business, LLCs & Corporations
Nolo’s Plain-English Law Dictionary. Gerald N. Hill, Kathleen Thompson Hill. 2009.
A derivative, derivatives or derivative contracts are financial instruments whose value derives from the value and characteristics of underlying products. The underlying assets (often referred to as the "underlying" or "underlier") are extremely varied and range from commodities, currencies and indices to individual shares. The main feature of a derivative is that it allows the user to take an exposure in relation to the underlying asset without actually requiring a direct investment in it. Derivatives include futures, options and swaps.For UK corporation tax purposes, derivative contracts are defined as contracts that satisfy the conditions contained in Schedule 26 to the Finance Act 2002.Related links+ derivativeUSAA contract that operates and is valued by reference to the value or performance of an underlying asset, entity, rate, index or instrument. Underlying assets range from commodities, currencies, debt obligations and indices to individual equity shares and baskets of equities. Derivatives allow the user to take on exposure to an underlying asset without actually requiring a direct investment in the asset. Derivatives include futures, options and swaps.Related terms
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
Derivative — De*riv a*tive, a. [L. derivativus: cf. F. d[ e]rivatif.] Obtained by derivation; derived; not radical, original, or fundamental; originating, deduced, or formed from something else; secondary; as, a derivative conveyance; a derivative word. [1913 … The Collaborative International Dictionary of English
Derivative — De*riv a*tive, n. 1. That which is derived; anything obtained or deduced from another. [1913 Webster] 2. (Gram.) A word formed from another word, by a prefix or suffix, an internal modification, or some other change; a word which takes its origin … The Collaborative International Dictionary of English
derivative — [adj] borrowed, transmitted from source acquired, ancestral, caused, cognate, coming from, connate, copied, evolved, hereditary, imitative, inferential, inferred, not original, obtained, plagiaristic, plagiarized, procured, rehashed, secondary,… … New thesaurus
derivative — ► ADJECTIVE 1) chiefly derogatory imitative of the work of another artist, writer, etc. 2) (of a financial product) having a value deriving from an underlying variable asset. ► NOUN 1) something which is derived from another source. 2) a… … English terms dictionary
derivative — [də riv′ə tiv] adj. [ME derivatif < LL derivativus < L derivatus, pp. of derivare: see DERIVE] 1. derived 2. using or taken from other sources; not original 3. of derivation n. 1. something derived 2 … English World dictionary
derivative — early 15c. (adj.); mid 15c. (n.), from M.Fr. dérivatif (15c.), from L.L. derivativus, from pp. stem of L. derivare (see DERIVE (Cf. derive)). Mathematical sense is from 1670s … Etymology dictionary
Derivative — This article is an overview of the term as used in calculus. For a less technical overview of the subject, see Differential calculus. For other uses, see Derivative (disambiguation) … Wikipedia
derivative — Coming from another; taken from something preceding; secondary. That which has not its origin in itself, but owes its existence to something foregoing. Anything obtained or deduced from another @ derivative action A suit by a shareholder to… … Black's law dictionary
derivative — derivatively, adv. derivativeness, n. /di riv euh tiv/, adj. 1. derived. 2. not original; secondary. n. 3. something derived. 4. Also called derived form. Gram. a form that has undergone derivation from anoth … Universalium
derivative — [[t]dɪrɪ̱vətɪv[/t]] derivatives 1) N COUNT A derivative is something which has been developed or obtained from something else. ...a poppy seed derivative similar to heroin... This isn t an entirely new car, but a new derivative of the Citroen XM … English dictionary