Translation of derivative (English-English)

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derivative: a contract the value of which changes in concert with the price movements in a related or underlying commodity or financial instrument. The term covers standardised, exchange-traded futures and options, as well as over-the counter swaps, options, and other customised instruments; contracts such as options and futures whose price is derived from the price of the underlying financial asset
Category: Financial affairs - taxation - customs

derivatives: a specialised security or contract that has no intrinsic overall value,but whose value is based on an underlying security or factor as an index.A generic term that,in the energy field,may include options,futures,forwards,etc
Category: Statistics

Please see: encyclo.co.uk for more definitions

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