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单词 underlying
释义 underlying

underlying /; AmE / adjective

1

important in a situation but not always easily noticed or stated clearly:

The underlying assumption is that the amount of money available is limited.

The underlying cause of the crisis was a lack of investment.

2 (Economics ; Finance )

used to describe basic figures, rates, etc. excluding any special effect, event or payment:

Underlying sales growth rose 4.5%.

an increase in underlying pre-tax profits

3 (Finance )

used to describe the items that particular types of investments are based on:

The value of derivatives depends on the value or change in value of an underlying security.

underlying shares/stock/bonds/assets

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更新时间:2024/11/11 5:58:41