The specific security, financial instrument or commodity represented in a derivative. An Option Holder secures the Right to buy or sell the underlying assets when purchasing an option contract. Likewise a futures trader buys and sells contracts promising to take or make delivery of the underlying asset at a future date.
Browse by Subjects
See All Related Terms »
dark cloud cover
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):