Physical: Difference between revisions
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imported>Doug Williamson (Classify page.) |
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Latest revision as of 18:49, 29 June 2022
1.
In relation to derivative financial instruments, the physical is the underlying asset to which an option (or other derivative instrument) relates.
2.
Having a tangible existence, such as machinery.
(Contrasted with intangible rights or other assets, such as goodwill.)