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Vocabulary Word

Word: underlying

Definition: lying below; fundamental

Sentences Containing 'underlying'

(As for financial options higher volatility of the underlying leads to higher value).
An underlying may be a price or rate of an asset or liability but is not the asset or liability itself.
Another approach is to treat prefixes as representative of their underlying values, and manipulate them algebraically.
Ask questions about the underlying nature of what you perceive.
At KRSP it appears in the basal Silurian of the Kankakee Formation but has not been found in the underlying Ordovician rocks.
Basalt dikes present in the underlying rocks of the valleys are the result of volcanism.
But an emotional significance depending on some arrangement of abstract lines is to be found underlying the expression in every good picture, carefully hidden as it is by all great artists.
Even where a market exists – for the underlying or for the option – in most cases there is limited (or no) market liquidity.
Fanfiction is not infringing if it constitutes fair use of the underlying copyrighted work.
First was to determine the true underlying cause of the United States' declining competitiveness.
Geologically, the term also alludes to the underlying Fennoscandian Shield of Norway, Sweden and Finland, which is the exposed portion of the Baltic Shield.
However, because of the extreme nature of the stellar conditions, the understanding of the underlying nuclear processes poses an enormous challenge to astrophysicists, nuclear theorists, and experimentalists.
However, underlying vascular mechanisms are suspected to be the cause of the imaging findings.
If correct, these theorems reinforce the specifier's understanding of the specification and its relationship with the underlying problem domain.
If the loan goes into default, the proceeds from the CDS contract cancel out the losses on the underlying debt.
If the underlying, or basic, meaning of the sentence is disturbed then the relative clause is restrictive.
In addition, the treatment of any underlying condition may improve the symptoms.
In contrast, the investor who bought protection is “short” on the CDS and the underlying credit.
In finance, the underlying of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative depend on the value of this underlying.
Instead it is a presentation of unrelated interesting material which are linked by an "underlying philosophy of interconnectedness."
It can be shown that the simplicial set underlying a simplicial group is always fibrant.
It is possible to mill off individual layers precisely without damaging the underlying pavement.
Lactic acidosis is an underlying process of rigor mortis.
Messenger Protocol (YMSG) is the underlying network protocol used by the Yahoo!
Once the diagnosis of encephalopathy has been made, efforts are made to exclude underlying causes (such as listed above in "causes").
Options on futures derivatives are an example of derivatives whose underlying is also a derivative.
Rippling on is caused by conformation of graphene to the underlying , and is not intrinsic.
She's gotten his body, but the underlying relationship isn't there anymore."
The debate concerning the integration of this view with the principles underlying the European Community remains open.
The evolutionary assumptions underlying the Paleolithic diet have been disputed.
The holder does not need to own the underlying security and does not even have to suffer a loss from the default event.
The letter states (as quoted) - " Dr Cantu has recently briefed me on this technology and the underlying scientific principals , which purportedly support its accuracy and validity.
The main criterion for selection seems to be the porous nature of the underlying rock.
The management of rhinitis depends on the underlying cause.
The play is sometimes given a historical setting, enabling audiences to reflect on the underlying conflicts.
The reason the underlying amount is "notional" is because neither party to the NPC is required to actually hold the property comprising the underlying amount.
The tempo of the music changes quite drastically between some of the songs, but the underlying tone never changes.
The treatment of hepatic encephalopathy depends on the suspected underlying cause (types A, B or C) and the presence or absence of underlying causes.
The treatment, and therefore prognosis, varies depending upon the underlying tumour.
The underlying aim of the program is to empower the entrepreneurs so that they can in turn empower others.
The underlying heart rate formula most often used for the Bruce is the outdated Karvonen formula (below).
The verse still uses the same underlying melody as the refrain, but the addition of many dotted rhythms to the underlying melody allows for the more complex verse to fit the same melody as the comparatively short refrain.
The water increases in acidity as it percolates through the topsoil then dissolves the underlying chalk.
There is debate over the effects of this division on the underlying, holistic manner in which the original treatise was written.
These enlargements were primarily due to an increase of underlying white matter in the high exposure group.
They may not be very obvious, and may be hidden under the most broken of techniques, but they will always be found underlying the planning of any painting.
This further aggravated the underlying mistrust and antipathy experienced within the band.
Uncertainty about the ambition of fiscal and structural reforms is adding to underlying risks."
Weald Clay is a Lower Cretaceous sedimentary rock underlying areas of South East England.
When exercising a call option, the owner of the option purchases the underlying shares (or commodities, fixed interest securities, etc.) at the strike price from the option seller, while for a put option, the owner of the option sells the underlying to the option seller, again at the strike price.
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