Question

A financial security which derives its value/ price from the underlying assets such as bond's,tocks,currency,interest rate,commdities etc??​

Answer 1

Explanation:

A derivative is a financial security with a value that is reliant upon or derived from, an underlying asset or group of assets—a benchmark. The derivative itself is a contract between two or more parties, and the derivative derives its price from fluctuations in the underlying asset.