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PWC Report: The Africa Business Agenda


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The Africa Business Agenda, July 2012
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The Africa Business Agenda, Sep 2014
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From The Glossary »

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Derivatives:

Any financial instrument whose value is derived from another, for example a call or a put option. The instrument its value is derived from is called the underlying. A financial security, such as an option or future, whose value is derived in part from the value and characteristics of another security (the underlying security).
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