Derivative: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add link.) |
||
| Line 15: | Line 15: | ||
== See also == | == See also == | ||
* [[Delta]] | |||
* [[Derivative instrument]] | * [[Derivative instrument]] | ||
* [[Embedded derivative]] | * [[Embedded derivative]] | ||
* [[Greeks]] | * [[Greeks]] | ||
Revision as of 15:35, 6 September 2016
1.
Abbreviation for derivative financial instrument.
2.
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.
