underlying

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Related to Underlying asset: strike price, Underlying instrument, Underlying Value

un·der·ly·ing

 (ŭn′dər-lī′ĭng)
adj.
1. Lying under or beneath something: underlying strata.
2. Basic; fundamental: the underlying cause of the problem.
3. Present but not readily noticeable: an underlying meaning.
4. Taking precedence; prior: an underlying claim to compensation.

underlying

(ˌʌndəˈlaɪɪŋ)
adj
1. concealed but detectable: underlying guilt.
2. fundamental; basic
3. lying under
4. (Banking & Finance) finance (of a claim, liability, etc) taking precedence; prior

un•der•ly•ing

(ˈʌn dərˌlaɪ ɪŋ)

adj.
1. lying beneath something else, as a substratum.
2. fundamental; basic: the underlying cause.
3. discoverable only by close scrutiny or analysis; implicit.
4. (of a claim, mortgage, etc.) taking precedence; prior.
[1605–15]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.underlying - in the nature of something though not readily apparent; "shortcomings inherent in our approach"; "an underlying meaning"
implicit, inexplicit - implied though not directly expressed; inherent in the nature of something; "an implicit agreement not to raise the subject"; "there was implicit criticism in his voice"; "anger was implicit in the argument"; "the oak is implicit in the acorn"
2.underlying - located beneath or belowunderlying - located beneath or below    
subjacent - lying nearby but lower; "hills and subjacent valleys"
3.underlying - being or involving basic facts or principles; "the fundamental laws of the universe"; "a fundamental incomatibility between them"; "these rudimentary truths"; "underlying principles"
basic - pertaining to or constituting a base or basis; "a basic fact"; "the basic ingredients"; "basic changes in public opinion occur because of changes in priorities"

underlying

adjective
1. fundamental, basic, essential, root, prime, primary, radical, elementary, intrinsic, basal To stop a problem you have to understand its underlying causes.
2. hidden, concealed, lurking, veiled, latent hills with the hard underlying rock poking through the turf

underlying

adjective
1. Arising from or going to the root or source:
2. Of or being an irreducible element:
Translations

underlying

[ˈʌndəˈlaɪɪŋ] ADJ
1. (= fundamental) [cause, theme] → subyacente
the underlying problem is thatel problema subyacente or de fondo es que ...
2. [rock, soil, bone] → subyacente
3. (Econ) [rate, inflation, trend] → subyacente

underlying

[ˌʌndərˈlaɪɪŋ] adj
[cause, problem, message] → sous-jacent(e)
[rock] → sous-jacent(e)

underlying

adj subyacente
References in periodicals archive ?
Currently, it is the lessee in a capital lease that reports the underlying asset, not the lessor, which reports only the related receivable (just as though the lessee had purchased the underlying asset from the lessor).
Sukuk pay returns from an underlying asset to comply with Islam's ban on interest and are vetted by scholars to ensure compliance with Sharia law, which promotes risk-sharing and condones speculation.
Type A: A lease in which the lessee is expected to consume more than an insignificant portion of the economic benefits embedded in the underlying asset over the lease term.
An option contract essentially gives its holder a right, but not the obligation to buy or sell an underlying asset on a future date at a predetermined price.
By investing in a callable bull contract, investors are bullish on the prospect of the underlying asset and intend to capture its potential price appreciation.
The investor is entitled to participate in a return that is linked to a specified change in the value of the underlying asset.
The Third and Ninth Circuits, in invoking the substitute-for-ordinary-income doctrine, outlined different methods for applying it generally while simultaneously seeking to appropriately limit its use; see Lattera, 437 F3d at 405-09 (a three-step "family resemblance" test for application of the doctrine, while noting no rule could "account for every contemplated transactional variation"); Maginnis, 356 F3d at 1182-83 (applying doc trine when there is underlying capital investment and sale did not reflect accretion in value over cost of underlying asset, but acknowledging the two factors would not be dispositive in every case).
ii) receives and instantaneously transfers title to the underlying asset, by operation of contract and without taking or making physical delivery of the asset; or
Derivatives are securities linked to an underlying asset, such as stocks, bonds or interest rates.
Reps and warranties provide assurances to noteholders and other parties that certain facts about the underlying asset pool and transaction participants can be relied upon.
In two of these cases, however, the Ninth Circuit saw an underlying asset transfer and not merely a transfer of the right to receive income.