WEATHER DERIVATIVE
\wˈɛðə dɪɹˈɪvətˌɪv], \wˈɛðə dɪɹˈɪvətˌɪv], \w_ˈɛ_ð_ə d_ɪ_ɹ_ˈɪ_v_ə_t_ˌɪ_v]\
Sort: Oldest first
-
A derivative whose performance depends on the weather. Two such derivatives are temperature and precipitation.
By Henry Campbell Black