q what do you meant by derivativesderivatives a, Microeconomics

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q what do you meant by derivativesderivatives a

Q. What do you meant by Derivatives?

Derivatives: A derivative is a financial asset whose resale value depends on the value of other financial assets at different points in time. Its value is thus ‘derived' from the value of other financial assets and is thus very difficult to predict. Illustrations of derivatives include futures, options and swaps.

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