Meaning of underlying asset
Underlying Asset
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Enterprise risk management
Glossary of enterprise risk management terms
Meaning and definition of underlying asset :
Underlying Asset: The asset which is purchased or sold upon exercise of an option contract. For example, IBM stock is the underlying security to IBM options.
For the term underlying asset may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
Source : http://www.vedpuriswar.org/glossary/ERM%20Terms.doc
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Glossary of enterprise risk management terms
Underlying Asset
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