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derivative
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derivative

In mathematics, the limit of the gradient of a chord linking two points on a curve as the distance between the points tends to zero; for a function of a single variable, y = f(x), it is denoted by f ′(x), Df(x), or dy/dx, and is equal to the gradient of the curve.

derivative

Financial instrument whose value is derived from underlying assets, be they commodities, currency, debt, or other financial instruments. Futures, options, and swaps are all examples of derivatives. Traded in their own market, derivatives are a specialist, highly geared, high-risk, speculative form of trading. The risk associated with them was something derivative trader Nick Leeson and his employer, Barings Bank, found out to their cost.



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DEPRESSINGLY uninspirational and derivatively repetitive - the first comments from the Army''s new commander.
442 32-0 To provide a proposal-for-settlement procedure when one party is liable only vicariously, constructively, derivatively, or technically.
As to the merits of the case, the court considered only the merits of the petitioners' claims; neither the majority nor the four dissenting judges addressed the real issue: the unconstitutionality of the Clean Air Act (and, derivatively, all federal environmental legislation).
 
 
 
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