Derivative/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>John Dvorak No edit summary |
imported>John Dvorak m (Template:Def Derivative moved to Derivative/Definition: Moving_definition) |
(No difference)
| |
Revision as of 16:02, 23 May 2008
In finance, an asset whose agreed value depends upon the expected value of another asset. A typical example is a futures contract which is an undertaking to buy a stipulated asset at a stipulated price at a stipulated future time. Other examples are options and futures contracts. Some derivatives can be used for hedging against risk.