Observable Underlier
From Open Risk Manual
Definition
Observable Underlier. An underlying observable which is in numeric form and does not represent a deliverable asset.
Derivatives which are based on an observable underlying are settled in some way other than by delivery of the underlying, since the underlying is not in the nature of something that can be delivered.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Observable Underlier"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/Options/index-en.html + |
