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- Dictionaryunderlying/ʌndəˈlʌɪɪŋ/
verb
- 1. present participle of underlie
adjective
- 1. significant as a cause or basis of something but not necessarily manifest or obvious: "the flu can be particularly severe for the elderly and those with underlying conditions" Similar Opposite
- 2. lying or situated under something: "the underlying muscles of the face"
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UNDERLYING definition: 1. real but not immediately obvious: 2. used to describe something on which something else is…. Learn more.
Synonyms for UNDERLYING: basic, rudimentary, elementary, fundamental, introductory, essential, elemental, basal; Antonyms of UNDERLYING: advanced, complex, sophisticated, extensive, detailed, higher, complicated, intricate
May 21, 2024 · Underlying, used in both equities and derivatives, is the security that must be delivered when a contract or warrant is exercised. It can be a stock, bond, or another...
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Office of the Comptroller of the Currency, U.S. Department of Treasury. Retrieved February 15, 2013. A derivative is a financial contract whose value is derived from the performance of some underlying market factors, such as interest rates, currency exchange rates, and commodity, credit, or equity prices.