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Look up: Underlying

  1. Underlying
    The "something" that the parties agree to exchange in a derivative contract.
    Found on http://www.nytimes.com/library/financial

  2. Underlying
    Is the actual or physical security, commodity, futures, index or basket underlying a derivative product. It is the benchmark for pricing and evaluation purposes.
    Found on http://www.oasismanagement.com/glossary/

  3. Underlying
    index to be delivered in the event an option is exercised. The term underlying is often used as a noun in its own right, as well as an adjective.
    Found on http://www.skandia.co.uk/glossary/index.

  4. underlying
    [adj] - located beneath or below
    Found on http://www.webdictionary.co.uk/definitio

  5. Underlying
    security that must be delivered if an option is exercised Category: Financial affairs - taxation - customs
    Found on http://www.mijnwoordenboek.nl/definition

  6. underlying
    adjective located beneath or below
    Found on http://wordnet.princeton.edu/perl/webwn?

  7. Underlying
    In finance, the `underlying` of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative depend on the value of this underlying. There must be an independent way to observe this value to avoid conflicts of interest. For example, in a stock option to buy 100 shares of Nokia at EUR 50 in September 2006, the `underlying` is a Nokia share. In a futures contract to buy EUR 10 m...
    Found on http://en.wikipedia.org/wiki/Underlying

  8. Underlying
    In finance, the `underlying` of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative depend on the value of this underlying. There must be an independent way to observe this value to avoid conflicts of interest. For example, in a stock option to buy 100 shares of Nokia at EUR 50 in September 2006, the `underlying` is a Nokia share. In a futures contract to buy EUR 10 m...
    Found on http://en.wikipedia.org/wiki/Underlying

  9. Underlying
    • (a.) Lying under or beneath; hence, fundamental; as, the underlying strata of a locality; underlying principles.
    Found on http://thinkexist.com/dictionary/meaning

  10. Underlying
    What supports the security or instrument that parties agree to exchange in a derivative contract.
    Found on http://www.duke.edu/~charvey/Classes/wpg

  11. Underlying
    The item that is being exchanged by the parties involved in a derivative contract. Discover What It’s Like to Live Easy With EquiTrend
    Found on http://www.equitrend.com/glossary4157.as

  12. underlying
    The something that the parties agree to exchange in a derivative contract.…
    Found on http://www.oenb.at/dictionary/termini.js

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9 January 2009

This day in history:
In 1972 the Cunard ship the Queen Elizabeth started to burn and burned for 3 days. Queen Elizabeth was launched on September 27, 1938 and due to the war in Europe, her maiden voyage ended on 7 March 1940 with a surprise arrival in New York Harbor. During her war service she carried over 811,000 passengers and sailed over 500,000 miles. At 83,637 gross registered tons, she would be the largest passenger ship afloat for the next 34 years. read more

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