derivative means
This query is : Resolved
11 January 2017
DERIVATIVE IS A FINANCIAL INSTRUMENT WHICH DERIVES ITS VALUE FROM THE UNDERLYING ASSETS.
EXAMPLE- IF RAIN HAPPEN IN TODAY I WILL GIVE YOU RS 500 IF NOT THEN YOU HAVE TO GIVE ME RS 500....
IN THE ABOVE EXAMPLE RAIN IS UNDERLYING ASSET.
SIMPLY YOU CAN SAY BETTING IS DERIVATIVE.
EXAMPLE- IF RAIN HAPPEN IN TODAY I WILL GIVE YOU RS 500 IF NOT THEN YOU HAVE TO GIVE ME RS 500....
IN THE ABOVE EXAMPLE RAIN IS UNDERLYING ASSET.
SIMPLY YOU CAN SAY BETTING IS DERIVATIVE.
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