derivative
a financial instrument whose value is based on the value of another asset
The hedge fund invested heavily in various **derivatives** to hedge against market fluctuations.
Set 283 · Study 1 / 5
Exita financial instrument whose value is based on the value of another asset
The hedge fund invested heavily in various **derivatives** to hedge against market fluctuations.
Set 283 of SAT Vocabulary Level 1 covers 5 words: derivative, encounter, affinity, equivalence, fracture. Each entry below includes its definition, an example sentence, and synonyms — practice them with the interactive cards above.
a financial instrument whose value is based on the value of another asset
The hedge fund invested heavily in various **derivatives** to hedge against market fluctuations.
a meeting or confrontation with someone or something
During their hike, they had an unexpected encounter with a family of deer in the forest.
a natural liking or sympathy for someone or something
She has a strong affinity for classical music, often attending concerts and playing the piano in her free time.
the state of being equal or interchangeable in value, function, or meaning
In mathematics, the concept of equivalence is crucial for understanding how different equations can represent the same relationship.
a break or crack in a hard object or material
The engineers discovered a serious fracture in the bridge support that required immediate repair.