Glossary

Updated 1 April 2019

This glossary offers definitions of technical terms commonly used in the BIS Quarterly Review.

The glossary is also available as a PDF file in ChineseFrench, German, Italian and Spanish.

derivative

Instrument whose value depends on some underlying financial asset, commodity or predefined variable.

Updated: 11 Dec 2016
derivative

Instrument whose value depends on some underlying financial asset, commodity or predefined variable.

Updated: 11 Dec 2016