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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