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 ?
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.
For only a small initial deposit - a fraction of the total value of the underlying instrument - you can trade on major European indices such as the FTSE 100, CAC 40 and DAX 30.
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 amounts should retain the same character as the underlying instrument.
Derivative instruments can be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk.
RUONIA, the underlying instrument for ROISfix, is based on a significant quantity of actual overnight unsecured transactions reported by 30 participating banks and is calculated on a daily basis by the CBR.
Through the spread betting platform, the spread betting prices track the underlying instrument.
The new index, designed to provide broader coverage of the Shari'ah-compliant financial services sector, will serve as a benchmark and an underlying instrument for investment products such as mutual funds and exchange-traded funds (ETFs).