derivative law

  • 1derivative — de·riv·a·tive 1 /də ri və tiv/ n: a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index) ◇… …

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  • 2derivative action — n: a suit brought by a shareholder on behalf of a corporation or by a member on behalf of an association to assert a cause of action usu. against an officer which the corporation or association has itself failed to assert for its injuries –… …

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  • 3derivative work — n: a piece of intellectual property that substantially derives from an underlying work ◇ Use of a derivative work that is derived from an underlying copyrighted work is infringement if the permission of the copyright owner is not obtained.… …

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  • 4derivative evidence — see evidence Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. derivative evidence …

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  • 5derivative contracts — A derivative, derivatives or derivative contracts are financial instruments whose value derives from the value and characteristics of underlying products. The underlying assets (often referred to as the underlying or underlier ) are extremely… …

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  • 6derivative contract — A derivative, derivatives or derivative contracts are financial instruments whose value derives from the value and characteristics of underlying products. The underlying assets (often referred to as the underlying or underlier ) are extremely… …

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  • 7derivative claim — A claim brought by a member of a company under Part 11 of the Companies Act 2006 in respect of a cause of action vested in the company, and seeking relief on behalf of the company. The procedure for this type of application is set out in CPR 19.9 …

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  • 8derivative suit — n: derivative action Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

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  • 9derivative counterparty — An entity which enters into derivative contracts (used for the purposes of efficient portfolio management or to protect against exchange risks) with the fund or other counterparty. Related links portfolio Practical Law Dictionary. Glossary of UK …

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  • 10derivative contraband — see contraband Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

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