Definitions for underlyingˈʌn dərˌlaɪ ɪŋ

This page provides all possible meanings and translations of the word underlying

Random House Webster's College Dictionary

un•der•ly•ingˈʌn dərˌlaɪ ɪŋ(adj.)

  1. lying beneath something else, as a substratum.

  2. fundamental; basic:

    the underlying cause.

  3. discoverable only by close scrutiny or analysis; implicit.

  4. (of a claim, mortgage, etc.) taking precedence; prior.

    Category: Business

Origin of underlying:

1605–15

Princeton's WordNet

  1. implicit in(p), inherent, underlying(adj)

    in the nature of something though not readily apparent

    "shortcomings inherent in our approach"; "an underlying meaning"

  2. underlying(adj)

    located beneath or below

  3. fundamental, rudimentary, underlying(adj)

    being or involving basic facts or principles

    "the fundamental laws of the universe"; "a fundamental incomatibility between them"; "these rudimentary truths"; "underlying principles"

Wiktionary

  1. underlying(Adjective)

    lying underneath

    We dug down to the underlying rock.

  2. underlying(Adjective)

    basic or fundamental

    Points and straight lines are underlying elements of geometry.

  3. underlying(Adjective)

    implicit

    Many nursery rhymes have an underlying meaning.

Webster Dictionary

  1. Underlying(adj)

    lying under or beneath; hence, fundamental; as, the underlying strata of a locality; underlying principles

Freebase

  1. 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 derivative depend on the value of this underlying. There must be an independent way to observe this value to avoid conflicts of interest. According to the Financial Accounting Standards Board's FASB Statement of Financial Accounting Standards No. 133 - Accounting for Derivative Instruments and Hedging Activities, an underlying is a specified interest rate, security price, commodity price, foreign exchange rate, index of prices or rates, or other variable. An underlying may be a price or rate of an asset or liability but is not the asset or liability itself.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'underlying' in Spoken Corpus Frequency: #4130

  2. Adjectives Frequency

    Rank popularity for the word 'underlying' in Adjectives Frequency: #563

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