Exchange Currency

underlying

In an option contract, the security or commodity that is delivered when the contract is exercised. In securities, the common stock that is the basis of the company's other types of securities, such as stock options or preferred stock.

Related information about underlying:
  1. Underlying - Wikipedia, the free encyclopedia
    In finance, the underlying of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative ...
     
  2. Underlying - Merriam-Webster Online
    a : lying beneath or below <the underlying rock is shale>. b : basic, fundamental <an investigation of the underlying issues>. 2. : evident only on close inspection ...
     
  3. Underlying | Define Underlying at Dictionary.com
    fundamental; basic: the underlying cause of their discontent. 3. implicit; discoverable only by close scrutiny or analysis: an underlying seriousness in his ...
     
  4. underlying - definition of underlying by the Free Online Dictionary ...
    un·der·ly·ing ( n d r-l ng). adj. 1. Lying under or beneath something: underlying strata. 2. Basic; fundamental. 3. Present but not obvious; implicit: an underlying ...
     
  5. Underlying Synonyms, Underlying Antonyms | Thesaurus.com
    Synonyms for underlying at Thesaurus.com with free online thesaurus, antonyms, and definitions. Dictionary and Word of the Day.
     
  6. Underlying Definition | Investopedia
    1. In derivatives, the security that must be delivered when a derivative contract, such as a put or call option, is exercised. 2. In equities, the common stock that ...
     
  7. underlying - Dictionary Definition : Vocabulary.com
    Definition of underlying : The obvious meaning of underlying refers to something beneath something else. But the word carries a more subtle meaning, that of ...
     
  8. underlying - Wiktionary
    underlying (not comparable) ... Points and straight lines are underlying elements of geometry. implicit. Many nursery rhymes have an underlying meaning.