What is another word for UNDERLYING ASSET?
Pronunciation: [ˌʌndəlˈa͡ɪɪŋ ˈasɛt] (IPA) 
When referring to finance or investment, we often encounter the term "underlying asset," which refers to the asset that underlies a security or derivative. In simpler terms, it is the asset that an investment is based on. There are several synonyms for underlying asset, including the phrase "underlying security," which is commonly used in the options market. Other synonyms include "basic asset," "reference asset," and "fundamental asset." In the world of bonds, "bond collateral" is a synonym for underlying asset, and in the world of real estate investments, the term "property asset" can be used. Regardless of the specific industry or context, the underlying asset is an essential component of any investment or financial transaction.
