6. derivative a financial contract whose value derives from the value of underlying stocks, bonds, currencies, commodities, etc.
Etymology: (1400–50; late ME < LL)
Definition of 'derivative'
Princeton's WordNet
1. (noun)derived function, derivative, differential coefficient, differential, first derivative the result of mathematical differentiation; the instantaneous change of one quantityrelative to another; df(x)/dx
2. (noun)derivative a compound obtained from, or regarded as derived from, another compound
3. (noun)derivative instrument, derivative a financial instrument whose value is based on another security
4. (adj)derivative (linguistics) a word that is derived from another word "`electricity' is a derivative of `electric'"
5. (adj)derivative resulting from or employing derivation "a derivative process"; "a highly derivative prose style"
Definition of 'derivative'
Webster Dictionary
1. (adj)derivative obtained by derivation; derived; not radical, original, or fundamental; originating, deduced, or formed from something else; secondary; as, a derivative conveyance; a derivativeword
2. (noun)derivative that which is derived; anything obtained or deduced from another
3. (noun)derivative a word formed from another word, by a prefix or suffix, an internal modification, or some other change; a word which takes its origin from a root
4. (noun)derivative a chord, not fundamental, but obtained from another by inversion; or, vice versa, a groundtone or root implied in its harmonics in an actual chord
7. (noun)derivative a substance so related to another substance by modification or partialsubstitution as to be regarded as derived from it; thus, the amido compounds are derivatives of ammonia, and the hydrocarbons are derivatives of methane, benzene, etc