derivative instrument

NOUN
21 LETTERS · STARTS WITH D

derivative instrument is a valid 21-letter word worth 29 points in Scrabble and 35 points in Words with Friends.

SCRABBLE WORDS WITH FRIENDS
D2E1R1I1V4A1T1I1V4E1I1N1S1T1R1U1M3E1N1T1
2 + 1 + 1 + 1 + 4 + 1 + 1 + 1 + 4 + 1 + 0 + 1 + 1 + 1 + 1 + 1 + 1 + 3 + 1 + 1 + 1 =29 PTS
DOUBLE WORD → 58TRIPLE WORD → 87
MEANING

What does derivative instrument mean?

NOUN · 1 SENSE
1

A financial instrument whose value is based on another security.

SYNONYMS
DERIVATIVE
BROADER
OFFICIAL DOCUMENTINSTRUMENTLEGAL DOCUMENTLEGAL INSTRUMENT
NARROWER
OPTIONFUTURES CONTRACT