derivative


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derivative

adjective ascribable, attributable, coming from, consequent, consequential, derivate, derived, deriving, descendant, descended, ensuing, evolved, following, hereditary, imitative, resultant, secondary, sequent, subordinate, subsequent, vicarious
Associated concepts: derivative action, derivative authorrty, derivative deed, derivative jurisdiction, derivative liaailities, derivative powers, derivative rights, derivative stockholder's suit, derivative title
See also: ancillary, conclusion, consequence, consequential, dependent, offshoot, subsidiary

DERIVATIVE. Coming from another; taken from something preceding, secondary; as derivative title, which is that acquired from another person. There is considerable difference between an original and a derivative title. When the acquisition is original, the right thus acquired to the thing becomes property, which must be unqualified and unlimited, and since no one but the occupant has any right to the thing, he must have the whole right of disposing of it. But with regard to derivative acquisition, it may be otherwise, for the person from whom the thing is acquired may not have an unlimited right to it, or he may convey or transfer it with certain reservations of right. Derivative title must always be by contract.
     2. Derivative conveyances are, those which presuppose some other precedent conveyance, and serve only to enlarge, confirm, alter, restrain, restore, or transfer the interest granted by such original conveyance, 3 Bl. Com. 321.

References in classic literature ?
These, then, are qualities, and the things that take their name from them as derivatives, or are in some other way dependent on them, are said to be qualified in some specific way.
No; he never travels with the hydrogen derivatives.
where the derivative [partial derivative]D/[partial derivative][r.
This kind of information hasn't attracted investors to the derivative market, which has thrived in UK but lags in the US.
Consider a credit derivative that hedges credit risk of a loan, for example.
As broad as the field of derivative accounting is, much of the concern over the rules is that they are too broad.
133 establishes accounting and reporting standards for derivative instruments, including certain ones embedded in other host contracts (for example, a mortgage with a pre-payment option), and for hedging activities.
That is, if the derivative increases in value in such a way that it is now worth more to Party A (that is, Party B "owes" Party A), then Party A has a counterparty credit exposure equal to the contract's positive value.
Nevel, in the securities industry for seven years, structured a number of complex municipal financings totaling more than $1 billion while at Merrill, including lease appropriation, capital appreciation and derivative securities.
Four major derivative markets: Interest rates; Stocks and bonds; Currency; Commodities
Even more important though, we talk with the derivatives people each quarter to find out what the company is trying to protect against and whether the derivative instrument was successful.