What does underlying mean?

Definitions for underlying
ˈʌn dərˌlaɪ ɪŋun·der·ly·ing

This dictionary definitions page includes all the possible meanings, example usage and translations of the word underlying.

Princeton's WordNet

  1. implicit in(p), inherent, underlyingadjective

    in the nature of something though not readily apparent

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

  2. underlyingadjective

    located beneath or below

  3. fundamental, rudimentary, underlyingadjective

    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. underlyingadjective

    lying underneath

    We dug down to the underlying rock.

  2. underlyingadjective

    basic or fundamental

    Points and straight lines are underlying elements of geometry.

  3. underlyingadjective

    implicit

    Many nursery rhymes have an underlying meaning.

Wikipedia

  1. Underlying

    In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often simply called the "underlying". Derivatives can be used for a number of purposes, including insuring against price movements (hedging), increasing exposure to price movements for speculation, or getting access to otherwise hard-to-trade assets or markets.Some of the more common derivatives include forwards, futures, options, swaps, and variations of these such as synthetic collateralized debt obligations and credit default swaps. Most derivatives are traded over-the-counter (off-exchange) or on an exchange such as the Chicago Mercantile Exchange, while most insurance contracts have developed into a separate industry. In the United States, after the financial crisis of 2007–2009, there has been increased pressure to move derivatives to trade on exchanges. Derivatives are one of the three main categories of financial instruments, the other two being equity (i.e., stocks or shares) and debt (i.e., bonds and mortgages). The oldest example of a derivative in history, attested to by Aristotle, is thought to be a contract transaction of olives, entered into by ancient Greek philosopher Thales, who made a profit in the exchange. However, Aristotle did not define this arrangement as a derivative but as a monopoly. (see Aristotle's Politics, Book I, Chapter XI). Bucket shops, outlawed in 1936, are a more recent historical example.

ChatGPT

  1. underlying

    Underlying refers to something fundamental, basic, or foundational that is present or existing, often hidden or unseen, but serves as a basis or root cause for something visible or noticeable. It typically refers to the subtle conditions or realities that influence or cause a situation, behavior, problem, or phenomenon.

Webster Dictionary

  1. Underlyingadjective

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

Wikidata

  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

How to pronounce underlying?

How to say underlying in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of underlying in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of underlying in Pythagorean Numerology is: 3

Examples of underlying in a Sentence

  1. David Fialkov:

    As long as EPA continues issuing small refinery exemptions without accounting for waived volumes in establishing the underlying renewable fuel mandate every year, fuel marketers won't be motivated to buy biofuels. End of story.

  2. Howard Fillit:

    The ADDF applauds the design of the TRAILBLAZER-ALZ trial, which is a mark of great progress in the Alzheimer’s field, promising more treatments to come. We look forward to reviewing the phase 3 data later this year, amyloid-clearing drugs, such as these, are one part of the solution, but there remains a pressing need to develop a new generation of drugs targeting all aspects of the biology of aging that can be combined to address the full array of underlying pathologies that contribute to the disease.

  3. Gennadiy Goldberg:

    The underlying focus is still on oil because people are looking at the transmission mechanism to the real economy of lower oil prices, lower oil prices are maybe great for the consumer, but not unilaterally good for the U.S economy.

  4. Ahmed Hamdani:

    For people who have patient capital, who have underwritten well, who are counting on the underlying fundamental demand/supply to pay out, there is still a lot of money to be made, for people who just wanted shipping exposure because it is a hot bet, they probably got their fingers burned a little bit.

  5. Novartis Chief Executive Joe Jimenez:

    2016 will be a bit of a transition year, as we get through Gleevec, but once that generic exposure lessens in 2017 and 2018, you should see the true underlying growth come through.

Popularity rank by frequency of use

underlying#1#5739#10000

Translations for underlying

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"underlying." Definitions.net. STANDS4 LLC, 2024. Web. 26 Jul 2024. <https://www.definitions.net/definition/underlying>.

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