1

nonderivative

adjective non·de·riv·a·tive \ ˌnän-di-ˈri-və-tiv \

Definition of nonderivative

: not derivative
  • … sought to emancipate American art and literature from British authority by calling for nonderivative works that would be commensurate with the spirit and grandeur of the new land.
  • —Robert Bernard Hass
2 : not of, relating to, or being a derivative
  • nonderivative securities

First Known Use of nonderivative

1849

in the meaning defined above

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2

nonderivative

noun

Definition of nonderivative

: something that is not a derivative
  • The fixed income maturity group spans all types of loans, but also cash and corporate bonds, time deposits, mortgages and all traded nonderivatives.
  • —Willi Brammertz et al.

First Known Use of nonderivative

1852

in the meaning defined above

See Words from the same year
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