Can anyone explain what a derivative is? My friend dani has international finance and marketing degree and thinks its a biscuit....
It's like playing roulette only with a technical name.
definitly something to do with maths!!
Something that derives, i.e. comes from, something else.
its deffo not a biscuit lol
somethin that derivates from somethin!
the number you differentiate.. you learn it in higher maths
derivative is a financial instrument. we usually use it in capital market. e.g :swap, warrant, option.
Maybe he's thinking of chocolate derivatives
for do graphics and that staffs.. I dont know i failed that exam XD
A derivative is the slope of a curve. It's the slope at any point on the graph.
Iv been in the library studing derivatives all day! i take 2 minute break to read twitter and what do i read.... derivative!
nah he3 is thinking of a garaboldi. Don't need to know what a derivitive is....it is a secret code for banker bonuses
orange juice is a derivative of an orange. Hope that's a simple analergy.
Derivative is a term "derived" by traders/hedge funds to mystify the rest of us & justify their huge pay packets
Can you RT to with Motherwell all the best in the Scottish Cup Final on Saturday? I #beleive in MFC
It's a financial instrument whose value depends on other,more basic, underlying variables..it's most definitely not a biscuit;)
a derivative is a financial instrument whose value depends on other, more basic, underlying variables
was going to say it is something taken from something else but dani wil think I mean the biscuit tin ;)
It's when value eg. (x) alters another value eg. (y) involves stocks and bonds. Sounds like a very tasty biscuit.....
in finance, a derivative is a financial instrument whose value depends on other more basic underlying variables. from wikipedia
It's an insurance contract banks to gamble on. It derives its value (or lack thereof) from changes in another asset's value.
Wordweb: (law) a financial instrument whose value is based on another security
It's a cute wee burn that leaves a big river
ahhahahaha is not a biscuit.its a UFO!
a digestive is a biscuit!lmao its something derives from something else,or instance you get fruit juice deriving from ya fruit!
Something you may buy in your local sex shop?
Pub, Manchester, England
I believe derivative is an old wooden ship.
yes a deadly biscuit if not eaten properly
Sunny Belfast :oS
Something that is based on another source!!
Leeds, United Kingdom
I can't believe you haven't heard of derivative digestives! (What a great name that would be for biscuits)
Something that is based on another source.
Ahhhh a derivative meaning of the word? He's cleverer than he's making out!
Derivative is a specialised contract whose value is derived from an underlying asset.
has she tried to google it?
it's any financial instrument whose value depends on (or is derived from) another underlying asset.
I think Dani is thinking of a digestive
lol get them to check dictionary hehehe xxx
derivative tells u the slope of tangent!
tell him do u mean the 1st derivative or the 2nd :D
hahahaha stupid. Its actually this rare blue flower found on the eastern slopes of bhutan.
its something ive learnt in a level maths not sure what it really means though!
That sounds like a quote from Only Fools and Horses!
I assume the dude is jobless...
basically a gamble on things like interest rates exchange rates etc
So it's not a a biscuit? my world has just collapsed...
it depends on the context, if its maths you need to differentiate :-)
from teesside now in ireland
its my birthday today any chance of a message please ? X
I think a derivative is a financial instrument that depends on another simple value eg price
Mon coeur de chéri !!
lol How dumb he's despite degree. It's a type of investment which is similar to mutual funds. I been in stocks since grade8! ;)
More training, less ambiguous questioning. I've invested some hard earned on you winning a title this year.
ha!! "i was born INTELLIGENT....EDUCATION ruined me" eh?
haha, i dont know what it is but you use it in higher maths!
a derivative is a financial instrument whose value depends on other variables, something such as interest rates
aren't the derivative from Dr Who? Cue excited fanboy followers...
derivative=a financial instrument whose value is based on another security
thats nothing my dad 66years old said yesterday he thought pasta grew on trees! surely that deserves a reply.GOOD LUCK in paris
an example is an option on the future price of a share, not the original share itself. Therefore a derivative of the original.
Eh! Derives from is a bit of a hint!!
London, United Kingdom
A financial contract whose value is based on, or "derived" from, a traditional security, an asset, or a market.
Wallasey or Ormskirk
he clearly likes his chocolate derivatives
I like biscuit but I hated international finance &marketing classes so derivative 4me is a bet on the future value of a stock
not a biscuit. .its some misguided religion thingie. .worship of bulls
hahaha yup definitely not a biscuit!
Wallyford near Edinburgh
resulting from or employing derivation GGTTH
Newcastle, United Kingdom
derivatives means coming from
did u never do standard grade or higher maths? the derivative is what you get when you differentiate something :)
Wow, dats really great, is pretty kool, bt nt wat dani uses as hand tower.
Watch "Inside Job". It´s explained there. Good luck! I still don´t get it.
rthr thn trade d undrlyin asset,dervtive traders entr in2 an agreement to xchg cash o asst ovr time based on the undrlyin asset
Erm, degree fail. Did he mean digestive?
the result of a mathematical differentation!! Not bad for a support worker huh
a derivative can be thought of as how much one quantity is changing in response to changes in some other quantity :)
its the rate of change of a property relative to something else... So finance and marketing aye? How much biscuits is it worth?
derivative is a financial instrument who's worth is in relation to a underlying security!! :) maybe she's had too many biscuits
A derivative is the way someone from Edinburgh says Digestive:-)
Cote D'Azur, France
Well he must be cookie: AS I am sure he knows the financial dependance on values.
it's a financial product(eg future,option,etc) whose price is based on another product's price,hence the name "derivative"
as I remember its a financial tool , it was recently invented but heavily used before the financial crisis in 2008 !
it's a mathematical term - to do with calculating the gradient of a line.
It's a financial contract!!! Not a biscuit.
it's when you take the power of something and subtract one then multiply the coefficient by the original power. Ex, x^3=3x^2
Watch "Inside Job". It explains it in very simple terms.
a derivative is a type of financial instrument the DERIVES it's value from another asset. Good enough?
sadly I don't remember anything from college and I even have a degree in finance so I should remember.
: she's thinking of a digestive and dani needs to go back to school!
is it not the conclusion u come to about something after thought?
imagine you own parking spaces in NY (which is priceless) then you start double parking on ur own spaces.
options and futures, it's generally a geared exposure to an underlying asset. A complex and high risk investment!!
then u start benefitting from both of them the parking space and the double park
If I should write an exclusive on you and it was copied word for word in another paper, that's a derivative (i.e. plagarism)
the parking space is the original investment & any double or triple parking is the derivative u take on ur investment.
swansea in sunny south wales
A derivative can be defined as something which derives its value from an underlying product being a stock, currency, commodity
I thought he meant in the financial sense, ie futures, options etc
something that "derives" it value from another instrument or security
it is something that derives from something else, like a part of a nut but not the actual nut..
Basically a financial tool that derives its value from the price of an underlying asset or interest rate.
There's more than one definition of the word. I'm sure Dani, an economics major, was thinking in your terms
it's a bet that you make with a bank rather than a bookie.
that's the adjective derivative, the noun relates to financial instruments
probably, but I prefer yours because I understand it! just read definition of derivatives several times, none the wiser!
yes I love chocolate derivatives with a cup of tea
its a financial instrument which value changes with response to interest rates
no initial net investment require...so definitely not a biscuit :) tell him to look at an ifrs statement :)
Denver + ?
the degree must be more on the marketing side
it's what something originates from. Linguistically it can be anything like 'probably' derives from 'probable'.
traded on exchanges around the world
Ie oil futures are traded on the price they think it's worth at certain time in future
Waccabuc New York
Or if my bank sells my mortgage to another bank, that's a derivative.
it's something that was "derived" from something else. Eg rugby league is a derivative of rugby union, or vice versa.
hey! I happen to be doing derivates at school Hahahaha they're sort of easy :)
Think we are talking derivative that leads to wealth here, not words that lead to page 68.
I suspect you're right Mr McKenzie. Just trying to give the boy all the angles :-)
It's more of a croissant I believe.
its really a financial term to explain certain types of transactions most commonly shares that rely on somthg 2 influenence it
a derivative is a financial instrument whose value is based on another security! Any wiser!
a derivative is a financial instrument whose value is based on another security.
It is a functioln that tells you how fast something is changing.
wowww there Daniii no no no no, that would be a DIGESTIVE! Its a complex financial instrument that u trade,danii..nooo degree
a contract the value of which is determined by the value of something else.
lol a derivative is the rate of change of a function at any given point
Sounds like a Sex toy to me!!!!
Haywards Heath, West Sussex
Hope he's not in the fareast....or he'll bring abother bank down...
Looked it up on Wikipedia and I'm still none the wiser.
financial asset, like a share, whose value is based on the price of an underlying asset.Can be used for hedging,& arbitrage!!
hope you thanked the L-Cat for giving u that answer mate. Dani has a degree in Passion....like his style.
Derivative is fin instr thats value relies on other more basic variables, ie Buyer of a Forward/Futures wants the price to incr
its a by-product of something else. Or even a branch of something
A derivative is a financial product that derives its value from an asset. The insurance on yr house is a derivative.
lol, he means digestive, derivative is like something that is derived from. Or.. Comes from. GCSEbusiness and A-level economics
I take it u got the answer for that one then mate? If not let me know
Send more info to firstname.lastname@example.org RT so i can get more info
derivitive is the gradient/slope of a function in calculus math. Good luck at Roland Garros andy will be there to watch you!
A financial instrument which "derives" its value from an underlying... anything from stocks to bonds to pork bellies to oil.