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LSDefine

Simple English definitions for legal terms

derivative

Read a random definition: alveus

A quick definition of derivative:

Derivative is a type of financial tool that depends on the value of something else, like a stock or commodity. People make bets on whether the value of that thing will go up or down. Derivatives can be used to protect against changes in the market. In other contexts, derivative can also mean something that comes from or is based on something else, like a new version of a book or a purchase that was made from another purchase.

A more thorough explanation:

Derivative is a financial tool that depends on the value of an underlying asset. It is like making a bet on the value of something. If the value of the underlying asset changes, one party will usually owe something of value to the other. Derivatives can be used to protect against market changes.

For example, if you buy a derivative contract for a stock, you are betting on whether the stock's value will go up or down. If the stock's value goes up, you make money. If it goes down, you lose money.

Derivative can also refer to something that is created from or connected to another. In copyright law, a derivative work is any work that has been modified from or produced from earlier work. For example, a movie based on a book is a derivative work.

In the context of acquisition, a derivative acquisition is one that is gained from another. It is different from an original acquisition because it was never the property of another in the original purchase. For example, if a company buys another company's subsidiary, it is a derivative acquisition.

derivation of citizenship | derivative action

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10:47
Bio Chemistry is odd, some ppl just cannot absorb certain nutrients/vits. Like some calcium deficient ppl actually loose more calcium when they increase intake.
10:48
also some ppl are hyper sensitive to hormones/vit/nutrients.
JumpySubsequentDolphin
10:48
@GreyCeaselessMammoth: love my masris
JumpySubsequentDolphin
10:48
@PuppyBot: I burn bad i don’t get it either
cumsock
10:49
i burn worse
shaquilleoatmeal
10:49
deficiencies are one thing, what scares me the most is if i ever became antibiotic resistant
GreyCeaselessMammoth
10:50
i'm going again to egypt this summer, i think it'll be my last time for a while, at least until after law school
PuppyBot
10:50
i wonder if renard is going to get me that snowglobe from paris
GreyCeaselessMammoth
10:50
@JumpySubsequentDolphin: my cousins wife is palestinian, their wedding was so cool. it was neat learning about the palestinian wedding traditions
PuppyBot
10:50
prob not :/
10:51
I tan super well, its a wild blessing being eastern european and doesnt make much sense
10:51
@Mostlylegal: same. During end of summer i am darker than some black ppl
JumpySubsequentDolphin
10:51
@GreyCeaselessMammoth: hehe my brother’s wife is Egyptian. but omg I love palestinian weddings. did they have a zaffeh/dabke group perform
10:51
I used to get called hispanic a lot, same for my mom
10:52
o well we all the same race
10:52
one love
10:52
<3
10:53
its so obvious when someone is dragging their feet at work and it kills me, i hate it so much
jackfrost11770
10:54
mostly legal tan slav gang rise uo
jackfrost11770
10:54
we are a select few
10:54
fr fr, that kazakh blood is def doing it for you
@Mostlylegal: same but i’m brown so i just get browner
jackfrost11770
10:54
yeah haha also my dad grew up in odessa
lilypadfrog
10:54
cramping up at work. i don’t even care anymore
jackfrost11770
10:55
so anything south russia is like basically tropical climate lmfao
shaquilleoatmeal
10:55
5 mins till lilly gets mich
10:55
@jackfrost11770: no kidding, ive been, my mom is from lviv
jackfrost11770
10:55
ive never been always wanted to go, maybe sometime in the future :(
cumsock
10:56
who tf be searching be on linkedin
cumsock
10:57
me*
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