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Answer Posted / parul
A security whose price is dependent upon or derived from one
or more underlying assets. The derivative itself is merely a
contract between two or more parties. Its value is
determined by fluctuations in the underlying asset. The most
common underlying assets include stocks, bonds, commodities,
currencies, interest rates and market indexes. Most
derivatives are characterized by high leverage.
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hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
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