derivative derivative  /də ˈrɪ və tɪv/

Definition(s):

  1. (n) the result of mathematical differentiation; the instantaneous change of one quantity relative to another; df(x)/dx
  2. (n) a compound obtained from, or regarded as derived from, another compound
  3. (n) a financial instrument whose value is based on another security
  4. (n) (linguistics) a word that is derived from another word
  5. (adj) resulting from or employing derivation

Usage(s):

  1. Pressure is mounting on banks and financial firms that traded with AIG to return a portion of the profits they pocketed on derivative contracts made by the troubled insurer.
  2. But the new network shows of fall 2002 were a creatively timid mass of remakes, bland family comedies and derivative cop dramas.
  3. There is nothing that you can say is derivative about the song.

News

  1. Why Bank Derivative Trades Aren't So Risky

    Warren Buffett famously referred to derivatives as "financial weapons of mass destruction," but unless we accept that residential mortgages are too - because enough banks have almost gone bust dealing in those seemingly harmless beasts - the phrase glorifies derivatives into something they are not.
    on June 13, 2013     Source: CNBC

  2. Judge Rejects MBIA's Lawsuit Against PE Executive Lynn Tilton

    A federal judge has rejected a breach of contract lawsuit against private-equity executive Lynn Tilton, rejecting MBIA?s claims that Tilton reneged on an agreement designed to prop up failing derivative securities it had insured.
    on June 12, 2013     Source: Forbes

  3. Cirrus Logic Future Tied To Apple Misfortunes

    You?ll often hear about ?derivative? trades or alternative ways that traders are taking advantage of a hot sector or new technology without investing directly in the business itself, which might be overbought or played out.
    on June 10, 2013     Source: Forbes

Quotes

  • "Under these circumstances, it's hard to understand how derivative traders at AIG warranted any bonuses at all, much less $165 million in extra pay," Mr. Obama said. "How do they justify this outrage to the taxpayers who are keeping the...
    on Mar 16, 2009 By: Barack Obama Source: New York Times

Word of the Day
infatuated infatuated
/ɪn ˈfæ tʃu ˌeɪ tɪd /