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Underlying instrument |
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Underlying instrumentThe instrument, such as shares and commodities on which a futures or options contract is based.Similar MatchesUnderlying assetUnderlying assetThe security or property or loan agreement that an option gives the option holder the right to buy or to sell. Underlying futures contractUnderlying futures contractA futures contract that supports an option on that future, which is executed if the option is exercised . Underlying FinancingUnderlying FinancingA mortgage, deed of trust, etc., prior to (underlying) a land contract, mortgage, etc , on the same property. Underlying debtUnderlying debtMunicipal bonds issued by government entities but under the control of larger government entities and for which the larger entity shares the credit responsibility. |
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