Underlying Security — The security on which a derivative derives its value. For example, a call option on Google stock gives the holder the right, but not the obligation, to purchase Google stock at the price specified in the option contract. In this case, Google… … Investment dictionary
underlying security — For options, the security that is subject to purchase or sold upon exercise of an option contract. For example, IBM stock is the underlying security for IBM options. For depositary receipts, the class, series, and number of the foreign shares… … Financial and business terms
Underlying security — Options: the security subject to being purchased or sold upon exercise of an option contract. For example, IBM stock is the underlying security to IBM options. Depository receipts: The class, series and number of the foreign shares represented by … Financial and business terms
underlying security — The security that is affected by a corporate action or a meeting … Euroclear glossary
underlying — or underlier An option or a future is a right or a commitment to buy or sell something at a future date. The underlying is the financial instrument that may or must be bought or sold in each option or futures contract. FAS 133, as amended by FAS… … Financial and business terms
Underlying — The something that the parties agree to exchange in a derivative contract. The New York Times Financial Glossary * * * underlying un‧der‧ly‧ing [ˌʌndəˈlaɪ ɪŋ◂ ǁ ər ] adjective 1. underlying figure/rate ECONOMICS a rate or figure that shows the… … Financial and business terms
Underlying Option Security — An underlying option security is the financial instrument on which a derivative s (i.e., an option s) value is based – it provides the price that is used to determine the value of the derivative. An option is classified as a derivative… … Investment dictionary
Security Assertion Markup Language — (SAML) is an XML based standard for exchanging authentication and authorization data between security domains, that is, between an identity provider (a producer of assertions) and a service provider (a consumer of assertions). SAML is a product… … Wikipedia
Security testing — Security Testing: (The) Process to determine that an IS (Information System) protects data and maintains functionality as intended.The six basic security concepts that need to be covered by security testing are: confidentiality, integrity,… … Wikipedia
Security interest — A security interest is a property interest created by agreement or by operation of law over assets to secure the performance of an obligation, usually the payment of a debt.[1] It gives the beneficiary of the security interest certain… … Wikipedia