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Derivatives are contracts whose value is determined by something else.
Derivatives are financial contracts whose value is based on underlying assets.
Under contracts whose terms are secret, Angolan oil flows directly out of the country to China".
Borrowers were misled by contracts whose fine print even professionals had difficulty deciphering.
It also gives the companies 180 days to accept new contracts whose terms will be set after a government audit.
The same divisions at banks have also bought and sold derivatives, financial contracts whose prices are based on bond values.
Similar(14)
A contract whose value fluctuates with the weather may seem farfetched.
A serious remaining problem is an $8 million book contract whose details she still refuses to disclose in full.
A derivative is a financial contract whose value is based on the price of assets, such as stocks, bonds, commodities or currencies.
Even with the changes, the power authority still stands to lose money on the contract, whose final terms Mr. Dyson is still working out with the developer.
They are perhaps the simplest example of a derivative, a contract whose value is "derived" from the price of a commodity or another asset.
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