Derivative
/dɪˈrɪvətɪv/
Definitions
- (n.) A financial instrument whose value is based on an underlying asset or index.
The investor profited by trading derivatives linked to foreign currencies.
- (n.) Something that is derived or obtained from another source.
The trademark infringement claim hinged on whether the new logo was a derivative work.
Forms
- derivatives
See also
Commentary
In legal contexts, distinguish between derivatives in finance and intellectual property where a derivative work is a new creation based on an existing work.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.