Glossario di economia e finanza. 2011.
underlying index — The index that a tracker follows. NYSE Euronext Glossary … Financial and business terms
Index ETF — Exchange traded funds that follow a specific benchmark index as closely as possible. Index ETFs are much like index mutual funds, but whereas the mutual fund shares can only be redeemed at one price daily, the closing net asset value (NAV), index … Investment dictionary
Index-Linked Bond — A bond in which payment of income on the principal is related to a specific price index often the Consumer Price Index. This feature provides protection to investors by shielding them from changes in the underlying index. The bond s cash flows… … Investment dictionary
underlying — or underlier An option or a future is a right or a commitment to buy or sell something at a future date. The underlying is the financial instrument that may or must be bought or sold in each option or futures contract. FAS 133, as amended by FAS… … Financial and business terms
underlying — I adjective based on, basic, built on, deep rooted, elemental, elementary, essential, fundamental, latent, not evident, obscure, original, primal, primary, rudimentary, supporting, undermost, unseen associated concepts: underlying contract,… … Law dictionary
underlying shares — UK US noun [plural] (also underlying stock [U]) FINANCE, STOCK MARKET ► the shares, etc. to which something such as an option (= the right to buy or sell them at a particular price by or on a future date) relates: »With prices falling, the stock… … Financial and business terms
underlying principle — index basis, cause (reason), foundation (basis) Burton s Legal Thesaurus. William C. Burton. 2006 … Law dictionary
Index Option — A financial derivative that gives the holder the right, but not the obligation, to buy or sell a basket of stocks, such as the S P 500, at an agreed upon price and before a certain date. An index option is similar to other options contracts, the… … Investment dictionary
Underlying — 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 depend on the value of this underlying. There must be an independent way to observe… … Wikipedia
Underlying Security — The security on which a derivative derives its value. For example, a call option on Google stock gives the holder the right, but not the obligation, to purchase Google stock at the price specified in the option contract. In this case, Google… … Investment dictionary
