| 3. | something derived. |
| 4. | Also called derived form. Grammar. a form that has undergone derivation from another, as atomic from atom. |
| 5. | Chemistry. a substance or compound obtained from, or regarded as derived from, another substance or compound. |
| 6. | Also called differential quotient; especially British, differential coefficient. Mathematics. the limit of the ratio of the increment of a function to the increment of a variable in it, as the latter tends to 0; the instantaneous change of one quantity with respect to another, as velocity, which is the instantaneous change of distance with respect to time. Compare first derivative, second derivative. |
| 7. | a financial contract whose value derives from the value of underlying stocks, bonds, currencies, commodities, etc. |

derivative
derivative de·riv·a·tive (dĭ-rĭv'ə-tĭv)
n.
Something obtained or produced by modification of something else.
A chemical compound that may be produced from another compound of similar structure in one or more steps.
| derivative (dĭ-rĭv'ə-tĭv) Pronunciation Key
In calculus, the slope of the tangent line to a curve at a particular point on the curve. Since a curve represents a function, its derivative can also be thought of as the rate of change of the corresponding function at the given point. Derivatives are computed using differentiation. |