Usually means: Asset that derivative's value depends on.
Definitions Related words Mentions
We found 5 dictionaries that define the word underlying instrument:

Business (5 matching dictionaries)
  1. Underlying instrument: bizterms.net
  2. underlying instrument: Finance-Glossary.com
  3. Underlying instrument: Legal dictionary
  4. Underlying instrument: Financial dictionary
  5. Yahoo Tax Center Glossary (No longer online)



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