Meaning UNDERLYING SECURITY: For options, the security that is subject to purchase or sold upon exercise of an option contract. For example, IBM stock is the underlying security for IBM options. For Depository receipts, the class, series, and number of the foreign shares represented by the depository receipt
More terms such as Underlying security in Dictionary U.
- Definition Unwind A Trade:
- Examples Reverse a securities transaction through an offsetting transaction in the market underlying security definition.
- Definition Unlimited Tax Bond:
- Examples A municipal bond secured by the pledge to levy taxes until full repayment at an unlimited rate underlying security explain.
- Definition Underbooked:
- Examples Describes limited interest by prospective buyers in a new issue of a security during the preoffering registration period underlying security what is.
- Definition Underperform:
- Examples When a security is expected to, or does, appreciate at a slower rate than the overall market rate of performance underlying security meaning.
- Definition Underwithholding:
- Examples When a taxpayer has withheld too little tax from salary and will therefore owe tax when filing a return underlying security abbreviation.
