synthetic asset

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Synthetic Asset

A position in which one takes various positions to create the same effect as holding a certain asset or other investment vehicle. For example, one may borrow funds in one currency and lend the same amount in another currency in order to create the same effect as having a forward contract on one of the currencies.

synthetic asset

The combination of securities and/or assets in such a way that they produce the same financial effect as the ownership of an entirely different asset would. For example, selling a put option and buying a call option on a commodity produce the same financial effect as actually owning the underlying commodity.
References in periodicals archive ?
The Middle East markets till now did not have availability of a high quality synthetic product for xerography and offset.
So far, commercialization of the synthetic product has not reached a satisfactory level, though a company has reportedly being trying to introduce into the market a kind of spider silk for cosmetic use.
The owners of popular cars, such as the Golf and Polo, as well as other variants fitted with the same transmission, have been recalled to have transmission fluid changed from a synthetic product to a mineral oil, which is said to be better suited to stop-and-go driving, as well as hot and humid climate, Stuff.
Billingham Synthonia are the only football team to be named after a synthetic product in Britain, maybe in Europe, maybe the world?
Islamic financial institutions are at cross roads entering 2011, as the users of the service debate effectiveness of existing Shari'a governance framework, as well as synthetic product structures commonly in use, according to Ernst & Young.
Effectiveness of the existing Sharia governance framework, as well as synthetic product structures commonly in use are especially under discussion," said Ashar Nazim, Executive Director and Mena Head of Islamic Financial Services Group at Ernst & Young.
Effectiveness of the existing Shari'a governance framework, as well as synthetic product structures commonly in use are especially under discussion,' he noted.
There it was, in cold brown, sickly ink--the news that Kraftwerk Inc had launched an offer for Cadbury so unpalatable it put even its own synthetic product range to shame.
It has the added advantages of being biodegradable or reusable and is more fire retardant than the synthetic product.
Our company's synthetic product sales have grown substantially since Morrow became director of synthetic sales," noted Richard T.
NACD director Mairead Lyons added that a new synthetic product is in trials to "fully under- stand and appreciate the benefit of cannabis" for medical use.
Other areas of the country, however, do treat haemophiliacs with the synthetic product.