Underlying

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Underlying

What supports the security or instrument that parties agree to exchange in a derivative contract.

Underlying Instrument

A security, commodity, or other asset described in a derivative contact. For example, in an option contract giving the holder the right to buy so many shares of AT&T, the underlying instrument is stock in AT&T. Likewise, in a futures contract on so many barrels of refined oil, the underlying instrument is refined oil.
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08 "improving the quality of services in the ministry of labour and social policy" with funds from the operational programme "human resources development 2007-2013" with subject: prepress, design and printing of the data dictionary for consultations on the typical questions, interested consumers, policies portfolios minister of labour and social policy contained underlying instruments and rules for their application;
Investing in other investment companies involves substantially the same risks as investing directly in the underlying instruments, but the total return on such investments at the investment company level will be reduced by the operating expenses and fees of such other investment companies, including advisory fees.
2) Weighted-average coupon is calculated on the unpaid principal amount of the underlying instruments which does not necessarily correspond to the carrying amount.
The logistics of trading CFDs including details of tradable markets, the range of underlying instruments and popular trading strategies.
This classification recognizes the junior subordinated ranking, the maturity of the underlying instruments in excess of 20 years, and the deferral feature of more than five years.
More importantly, as the global emissions market expands, Merrill Lynch Global Research plans to increase the number of underlying instruments in the index.
This classification recognizes their junior subordinated ranking, the maturity of the underlying instruments in excess of 20 years, and the deferral feature of more than five years.
Ability to select the underlying instrument on the basis of liquidity.
Speculators can take advantage of underlying instrument price movements without having to take possession of the underlying and portfolio managers can hedge their portfolios without having to liquidate their holdings.