Underlying interest defined.
Nev. Rev. Stat. § 682A.217
in effectUnderlying interest means the assets, liabilities, other interests or a combination thereof underlying a derivative instrument, including, without limitation, any one or more securities, currencies, rates, indices, commodities or derivative instruments.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-682A.htmlFetched: 10/4/2026