underlying

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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.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

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]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.

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
Collins Thesaurus of the English Language – Complete and Unabridged 2nd Edition. 2002 © HarperCollins Publishers 1995, 2002

underlying

adjective
1. Arising from or going to the root or source:
2. Of or being an irreducible element:
The American Heritage® Roget's Thesaurus. Copyright © 2013, 2014 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

underlying

[ˌʌndərˈlaɪɪŋ] adj
[cause, problem, message] → sous-jacent(e)
[rock] → sous-jacent(e)
Collins English/French Electronic Resource. © HarperCollins Publishers 2005

underlying

adj subyacente
English-Spanish/Spanish-English Medical Dictionary Copyright © 2006 by The McGraw-Hill Companies, Inc. All rights reserved.
References in periodicals archive ?
Further, he notes that SoftBank shares trade at a huge discount to their underlying asset value, but the news on Sprint, an accelerated timetable for a WeWork IPO and Vision Fund 2 all gave the stock a boost this past week.
The Forex trading platform allows cross-market trading using Bitcoin as the underlying asset. It is the world's first all-in-one platform, offering the ability to place positions on cryptocurrency and various financial products with Bitcoin (XBT).
A description of the transaction's representations, warranties and enforcement mechanisms (RW&Es) that are disclosed in the offering document and that relate to the underlying asset pool is available by accessing the appendix referenced under "Related Research" below.
It derives its value from an underlying asset. Its value depends on the value of its underlying asset, which is the shares of stock of a corporation.
"This issue does not exist in conventional finance because green bonds can be traded even though the underlying asset is still being constructed.
Beyond credit quality, the tradability of the Sukuk during the construction phase of the underlying asset is one of the main issues that weigh on investor appetite.
A derivative is a contract that derives its value from something else or from the performance of underlying asset or assets.
You never actually own the underlying asset. In more clear terms, think of a CFD as an agreement between a client and their broker .
According to the provisions of the unified agreement for VAT, the tax law and its executive regulations, the tax will be collected on the value of the underlying asset, and the profits or benefits related to the contract will not be included because it is exempt from tax.
Klein [5] extends the work of Johnson and Stulz [4] by assuming option writer to have other liabilities, in which the prices of underlying asset and the asset of counterparty are correlated.
The payoff of contingent claims depends on the value of some underlying asset. It usually takes a monetary form; although in some cases may take another form (pleasure, satisfaction, etc.).