Derivative_instrumentWordNet Explorer

a financial instrument whose value is based on another security

(law) a document that states some contractual relationship or grants some right

the collection of rules imposed by authority

an agreement to buy or sell a specific amount of a commodity or financial instrument at a particular price on a stipulated future date; the contract can be sold before the settlement date

the right to buy or sell property at an agreed price; the right is purchased and if it is not exercised by a stated date the money is forfeited