UNDERLYING ASSET
\ˌʌndəlˈa͡ɪɪŋ ˈasɛt], \ˌʌndəlˈaɪɪŋ ˈasɛt], \ˌʌ_n_d_ə_l_ˈaɪ_ɪ_ŋ ˈa_s_ɛ_t]\
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Commodity, security or financial instrument that is represented in a derivative.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.