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Definition - What does Derivative mean?

The term derivative in simple terms may be defined as anything that is related to something or is taken from something. In terms of a copyright, derivative means any work which has been developed, inspired, or adapted from an earlier piece.

Justipedia explains Derivative

Derivative is also a financial instrument whose value is determined from a secondary source like commodity or currency. Similarly a derivative acquisition is when an acquisition is obtained from another making it different from original acquisition.

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