Derivative: Difference between revisions
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Revision as of 10:32, 7 October 2015
- Derivative instrument.
- Maths. A derivative function describes the rate of change of the underlying function, with respect to changes in one of the variables in the underlying function.
- The first derivative describes the slope of the function curve at a given point on the curve.
- The second derivative describes the rate of change of the slope. In other words the degree of curvature, at a given point.