BUSINESS AND COMPETITION|accounting
- díorthach Tagairt Faomhadh an téarma seo mar chuid de Thionscadal Lex
- ga
- Derivat
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- derivative
- en
- Sainmhíniú A financial instrument: (a) whose value changes in response to the change in a specified interest rate, security price, commodity price, foreign exchange rate, index of prices or rates, a credit rating or credit index, or similar variable (sometimes called the ‘underlying’);(b) that requires no initial net investment or little initial net investment relative to other types of contracts that have a similar response to changes in market conditions; and(c) that is settled at a future date. Tagairt IASCF, Key term list