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LSDefine

Simple English definitions for legal terms

derivative

Read a random definition: disturber

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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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