A(n) ________ is neither debt nor equity but derives its value from an underlying asset.

Name: A(n) ________ is neither debt nor equity but derives its value from an underlying asset.
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A derivative security is a type of financial instrument that derives its value from an underlying asset, index, or reference rate. Derivatives are not debt or equity but are instead financial contracts between two or more parties. Examples of derivatives include futures, options, swaps, and forwards.

A(n) ________ Is Neither Debt nor Equity but Derives Its