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Underlying asset - Financial definition

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Translations:      FR  actif sous-jacent (n.m.) , sous-jacent (n.m.)     ES  activo subyacente (n.m.)     DE  Basiswert (n.m.) 
Synonyms:  underlying, underlying instrument

Concise definition of the term underlying asset

The security, index or other asset on which a derivative, such as an option or a futures contract, is based.

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