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Underlying [asset] (also often used in German; otherwise underlying)

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The asset underlying a forward contract (the asset upon which a forward contract is based; it can be either a financial asset, e.g. a share, a bond, a treasury bond, a forward contract, currency, a stock index, etc., or a commodity, for example a raw material or mining asset). – See underlying asset, commercials, derivative, option, sukuk, underlay, underpledge, liquidation surplus, wagon.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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