Super Finance Glossary
Over 10,000 financial glossary terms...
Underlying
Underlying
Definition: What supports the security or instrument that parties agree to exchange in a derivative contract.
Definition: What supports the security or instrument that parties agree to exchange in a derivative contract.
Underlying
Definition: The instrument which the option is based or written on. This can be any tradable instrument which has a defined market price. Common examples include stocks, commodities and cash indexes.
Definition: The instrument which the option is based or written on. This can be any tradable instrument which has a defined market price. Common examples include stocks, commodities and cash indexes.