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.

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 ?
"This reduced statutory reported profit, but will revert to zero over the lives of the underlying instruments."
The underlying instruments in our 2019 hedge program are puts and put spreads that provide full upside to oil price movements.
The common underlying instruments include bonds, commodities, currencies, interest rates, market indexes and stocks.
The technical requirements and parameters related to the underlying instruments are contained in the procurement documentation.
sometimes underlying instruments. In case of interest rate swap interest
The funds' performance will depend on how the underlying instruments are doing.
Parties are generally free to agree on the structure and contents of the mortgage agreement, and underlying instruments, with relatively intricate and complex arrangements secured through a registered mortgage.
(Aside from the value of the underlying instruments, the Bar's investment portfolio earned [dollar]570,000 last year.) Likewise, in 2013-14, the Bar had a surplus of [dollar]3.48 million but more than two-thirds of that amount was "paper" profits because of an increase in value of Bar investments.