underlying asset
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
writer
covered put
Protective put
option class
put option (put)
See All Related Terms »

consolidated financial statement
life assurance
control limits
avoidance
income summary