Derivative

A contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder between two or more partiesThose entities taking part in a transaction as a principal, e.g., seller, buyer, or lender in a real estate transaction. where the securityThe property that will be pledged as collateral for a loan. is dependentThose family members who meet the specific eligibility criteria for coverage in the CalPERS Health Program. on the priceThe dollar amount that was offered, asked, or actually paid for a property. of another investmentThe utilization of money in the expectation of future returns in the form of income or capital gain..

derivative

A financial contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder whose priceThe dollar amount that was offered, asked, or actually paid for a property. is derived from underlying assetsAny item with measurable value. such as stocks, bondsLoans that investors make to corporations or governments. It is a type of investment where the issuer, commodities, currencies, interestThis is the amount that is imposed when payment is remitted after the due date. rates, and market indexes. Most derivativesFinancial arrangements whose returns are linked to, or derived from, some underlying stock, bond index, are characterized by high leverageThe use of debt financing of an investment to maximize the return per dollar of equity invested., that is, the investorOne who invests. only pays a small amount of the actual cost of the contract and borrows the rest from the sellerA person who makes a transfer of title to real estate. or the brokerLicensed insurance salesperson who obtains quotes and plan information from multiple sources for clients..

Derivative

A financial instrumentAny writing having legal form and significance, such as a deed, mortgage, will, lease, etc., traded on or off an exchangeWhen ownership of like-kind properties are transferred between two or more owners; can result in postponement, the priceThe dollar amount that was offered, asked, or actually paid for a property. of which is directly dependentThose family members who meet the specific eligibility criteria for coverage in the CalPERS Health Program. upon (i.e., "derived from") the valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean of one or more underlying securitiesFinancial forms that shows the holder owns a share or shares of a company (stocks) or has loaned money, equityThe value of a property beyond any liens against it. Also referred to as owner's interest. indices, debtThat which is due from one person or another; obligation, liability. instruments, commodities, other derivative instruments, or any agreed upon pricing indexThe measure of interest rate changes that the lender uses to decide how the interest rate on an ARM or arrangement (e.g., the movement over time of the Consumer Price IndexAn index of consumer prices based on the typical market basket of goods and services consumed by all or freight rates). DerivativesFinancial arrangements whose returns are linked to, or derived from, some underlying stock, bond index, involve the trading of rights or obligations based on the underlying product, but do not directly transferChange of jurisdiction over real property from one Federal agency or department to another, including propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself.. They are used to hedge riskThis word has two meanings for insurers: (1) the chance of loss such as from a peril; and (2) the person or to exchange a floatingThe process of an applicant deciding against locking-in an interest rate at the time of application rateThe pricing factor upon which the insurance buyer's premium is based. of returnProfit from an investment; the yield. for fixed rateA traditional approach to determining the finance charge payable on an extension of credit. A predetermined of return. Derivatives include futuresSee Futures Contract., options, and swaps. For example, futures contracts are derivatives of the physical contractThe formal legal document, also known as the "policy" that describes the agreement between the policyholder and options on futures are derivatives of futures contracts.

derivative

A generic termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period often applied to a wide variety of financial instrumentsAs used by the CFTC, this term generally refers to any futures or option contract that is not based that derive their cashMoney or its equivalent (checks, banknotes, etc.). flows, and therefore their valueThe terms "full value", "full cash value", "cash value", "actual value" and "fair market value" mean, by reference to an underlying assetThe entire property of a person, association, corporation, or estate applicable or subject to the payment of debts., reference rateThe pricing factor upon which the insurance buyer's premium is based., or indexThe measure of interest rate changes that the lender uses to decide how the interest rate on an ARM.