underlying

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Related to Underlying instrument: Financial derivatives

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 ?
Since a put option gives the holder the right to sell the underlying instrument at a certain date for a specified price, many valuation professionals estimate a DLOM based on the value of a put option.
It was heartening to see a handful of prospective bitcoin ETFs hit a regulatory stumbling block this week over concerns about liquidity and valuation of the underlying instrument.
5m in core deposit intangibles which will be amortized over five to eight years, depending on the underlying instrument.
Options are contracts that give the holder the right, but not the obligation, to buy or sell the underlying instrument at a specified price on or before a specified future date.
Options are generally subject to volatile swings in price based on changes in value of underlying instrument, and options written by the Fund may be particularly subject to this risk as the underlying stocks are selected by the Index Provider to have high volatility.
Cheryl Workman, head of the depositary receipts index group at BNY Mellon, notes that there is no underlying instrument backing these securities in the local markets of China and Hong Kong, and that the China Xia Yi Dai ADR Index, along with all BNY Mellon DR Indices, has been approved for use in exchange traded funds (ETFs) traded on the Shanghai Stock Exchange.
CFDs are versatile trading vehicles, allowing users to profit from rising or falling share and index price movements without having to own the underlying instrument.
Financial options give a buyer (6) the option, but not the obligation, to buy (call) or sell (put) an underlying instrument such as a stock or commodity at a specified price on a specified date.
The underlying instrument could be a financial security, a securities index, or some combination of securities, indexes, and commodities.
The amounts should retain the same character as the underlying instrument.
Understandably, not all businesses are be able to provide such an opportunity, particularly if the commercial and competitive terms are not conducive or debtors are spread across continents with payment risk borne by the borrower in the absence of any underlying instrument of payment such as a Letter of Credit or postdated cheque.