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    derivative
    /dɪˈrɪvətɪv/

    adjective

    • 1. imitative of the work of another artist, writer, etc., and usually disapproved of for that reason: "an artist who is not in the slightest bit derivative"
    • 2. (of a product) having a value deriving from an underlying variable asset: "equity-based derivative products"

    noun

    • 1. something which is based on another source: "the aircraft is a derivative of the Falcon 20G" Similar by-productspin-offoffshootsubsidiary product
    • 2. an arrangement or product (such as a future, option, or warrant) whose value derives from and is dependent on the value of an underlying asset, such as a commodity, currency, or security: "the derivatives market"

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