Term: underlying





underlying (adj) /ˌʌn.dərˈlaɪ.ɪŋ/

Similar to: fundamental; core; basic; hidden; root; latent
Definition:

  1. Real, basic, or fundamental, but not immediately obvious or visible on the surface.
  2. In finance, referring to the primary asset upon which a derivative contract or security is based.

    Translation: pamatā esošs, būtisks, slēpts

Merriam-Webster Online Dictionary
underlying (adjective)
1.
a) lying beneath or below - the underlying rock is shale
b) - basic fundamental an investigation of the underlying issues
2.
evident only on close inspection - implicit
3.
anterior and prior in claim - underlying mortgage
4.
of or being present in deep structure - underlying word order
Merriam-Webster Online Thesaurus
underlying (adjective)
of or relating to the simplest facts or theories of a subject
SYNONYMS:
abecedarian, basal, basic, beginning, elemental, essential, fundamental, introductory, meat-and-potatoes, rudimental, rudimentary, underlying
RELATED WORDS:
primal, primary, prime, simple; crude, primeval, primitive, primordial, rude, uncomplicated; preliminary, preparatory; crucial, important, key
NEAR ANTONYMS:
complex, sophisticated; complicated, convoluted, detailed, elaborate, extensive, intricate; developed, evolved, high, higher, refined
advanced
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