derivative

Definitions

General Science

  • noun a substance or product which is formed from something else

Economics

  • In mathematics, the ratio of the change in a variable to the infinitessimal change in another variable upon which it depends. Often used in economics to specify both assumptions and results of models.
  • In financial markets, a financial instrument whose value depends on some other financial variables. Old examples include forward and futures contracts.

Food

  • noun a substance that is derived from another substance
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