what is derivative?need definition

Business & Finance
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what is derivative?need definition

Dec 20th, 2014

Definition of Derivative:-

  • A derivative is a contract between two or more parties whose value is based on an agreed-upon underlying financial asset, index or security. Common underlying instruments include: bonds, commodities, currencies, interest rates, market indexes and stocks.

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Dec 20th, 2014

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Dec 20th, 2014
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