Nevada Revised Statutes 682A.217 – ‘Underlying interest’ defined
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‘Underlying interest’ means the assets, liabilities, other interests or a combination thereof underlying a derivative instrument, including, without limitation, any one or more securities, currencies, rates, indices, commodities or derivative instruments.
Terms Used In Nevada Revised Statutes 682A.217
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.