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derivative
Definitions
[dɪˈrɪvətɪv], (Adjective)
Definitions:
- imitative of the work of another artist, writer, etc., and usually disapproved of for that reason
(e.g: an artist who is not in the slightest bit derivative)
- (of a product) having a value deriving from an underlying variable asset
(e.g: equity-based derivative products)
Phrases:
Origin
:
late Middle English (in the adjective sense ‘having the power to draw off’, and in the noun sense ‘a word derived from another’): from French dérivatif, -ive, from Latin derivativus, from derivare (see derive)
[dɪˈrɪvətɪv], (Noun)
Definitions:
- something which is based on another source
(e.g: the aircraft is a derivative of the Falcon 20G)
- an arrangement or product (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security
(e.g: the derivatives market)
- an expression representing the rate of change of a function with respect to an independent variable
Phrases:
Origin
:
late Middle English (in the adjective sense ‘having the power to draw off’, and in the noun sense ‘a word derived from another’): from French dérivatif, -ive, from Latin derivativus, from derivare (see derive)
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definition by Oxford Dictionaries