NONDERIVATIVE Meaning and
Definition
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Nonderivative is an adjective that refers to something which lacks any derivation or is not derived from anything else. The term "non" suggests the absence or negation of something, while "derivative" pertains to being derived or originating from another source. Hence, nonderivative signifies a characteristic of being independent or self-originating.
In various contexts, the term nonderivative can have specific meanings. In finance and economics, it is often used to describe financial instruments that hold a direct and straightforward value, rather than being based on or derived from other financial products. Nonderivative financial instruments are typically more stable and less subject to fluctuations, as they are not directly influenced by other market variables.
In a legal context, nonderivative may refer to original or primary sources of law, which are not derived from any other legal authority or precedent. For instance, constitutional law is considered nonderivative as it is based on the original written constitution, rather than being derived from statutes or prior court decisions.
In a broader sense, nonderivative can describe any concept, idea, or entity that is not derived or based on any external factor or source. It implies a sense of autonomy and self-sufficiency, indicating that something does not rely on, or is not influenced by, anything else for its existence or functioning.
Common Misspellings for NONDERIVATIVE
- bonderivative
- monderivative
- jonderivative
- honderivative
- ninderivative
- nknderivative
- nlnderivative
- npnderivative
- n0nderivative
- n9nderivative
- nobderivative
- nomderivative
- nojderivative
- nohderivative
- nonserivative
- nonxerivative
- noncerivative
- nonferivative
- nonrerivative
- noneerivative
Etymology of NONDERIVATIVE
The word "nonderivative" is formed by combining the prefix "non-", which means "not" or "without", with the word "derivative".
The term "derivative" derives from the Latin word "derivatus", which is the past participle of "derivare". "Derivare" is composed of the prefix "de-", meaning "from" or "down", and the verb "rivus", which means "stream". Hence, "derivare" originally meant "to draw off (water) from a stream". Over time, the meaning of "derive" expanded to include other senses such as "to trace the origin or development of" or "to obtain something from a source".
When the prefix "non-" is added to "derivative", it negates the meaning, indicating that something is "not derived" or "without derivation".
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