An EXCHANGETRADED DERIVATIVE or OVERTHECOUNTER DERIVATIVE with an UNDERLYING reference based on COMMON STOCKS, BASKETS, and market indexes. An equity derivative can be structured as an equity OPTION , equity FUTURE, equity forward, EQUITY CALL SWAP , EQUITY INDEX SWAP , EQUITY PUT SWAP , or EQUITY WARRANT . See also COMMODITY DERIVATIVE , CREDIT DERIVATIVE , CURRENCY DERIVATIVE , INTEREST RATE DERIVATIVE .
Black’s Law Online Dictionary
