Please turn off your ad blocker so we can further develop the platform.
Definition: Derivative
Category: ECB terminology
A financial contract, the value of which depends on the value of one or more underlying reference assets, rates or indices. The basic classes of derivatives are futures contracts, options, swaps and forward rate agreements. http://www.ecb.europa.eu/home/glossary/html/glossa.en.html
Source:
European Central Bank on-line glossary (2009)
European Central Bank on-line glossary (2009)
Created:
Updated: