Word | Noun | Adjective | Verb | Adverb |
---|---|---|---|---|
derivative instrument | Yes | No | No | No |
over-the-counter derivative | Yes | No | No | No |
derivative instrument (noun) | over-the-counter derivative (noun) |
---|---|
a financial instrument whose value is based on another security | contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. |