"Derivative essentially" NYT crossword answer is:
RATE (4 letters length)The answer for "Derivative essentially" crossword clue is listed above to help you solve the puzzle you are currently working on.
A derivative is a financial instrument that derives its value from an underlying asset. It is used to hedge against risk, speculate, or to take advantage of price movements in the underlying asset. Derivatives can be used in a variety of ways, such as futures contracts, options, and swaps. The New York Times Crossword Puzzle of October 3, 2023, features a clue related to derivatives, providing a great opportunity to test your knowledge of this important financial tool.
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