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underlying

underlying

16 4.0
Under another thing, often below the surface
  • adjective
  • /ˌʌndərˈlaɪɪŋ/
translation icon : subyacente
  • Second, the value of the option also varies with the volatility in the value of the underlying asset.
  • underlying structure
  • underlying layer
  • underlying rock

Examples

  • A derivative is a secondary bet on an underlying product.

  • In fact, the larger the set of underlying assets, the more valuable the option.

    Academic text (1991)
  • But the underlying code in the game is the same.

  • Of particular importance is the structure of competition in the underlying spot market.

    Academic text (1992)
  • The entire file is accessed on the storage media independent of the underlying structure.

    Academic text (1998)
  • We're mapping the underlying geology.

  • In some cases, even the language used by the press reveals the underlying animosity between the two countries.

    Academic text (2011)
  • Effective solutions were developed on the basis of underlying electrochemical phenomena.

    Academic text (1998)
  • In most areas of the body, underlying muscles are free to glide beneath the deep fascia.

    Academic text (1995)
  • The underlying geology of the region consists of ancient volcanic rocks.

Synonyms

underground
vsunderlying
327 3.0

Beneath the surface of the ground, under soil or rock

is a neutral spatial term for being under any surface
subsurface
vsunderlying
6 6.3

Under the ground or below the top layer of a place

is the general term for being beneath any surface
subterranean
vsunderlying
6 7.4

Hidden and not openly shown

is the simple spatial idea without implying hidden or secret meaning
subterraneous
vsunderlying
8.8

Existing under the surface of the earth, like pipes or caves

is broader, applying beneath any surface not only the earth's
belowground
vsunderlying
4.3

Under the ground surface

is more general, covering being beneath any surface

Antonyms

20 5.3

Near the surface and not deep, like a small cut

1 5.3

A layer that lies on top of another and covers it

How Deep

buried
2.7
deep-seated
24 4.7
subsurface
6 6.3
underlying
16 4.0
superficial
20 5.3

Surface Forms

underlying positive

Morphology

underlying = underlie (transparent) = under + lie + ing

The physical sense is a straightforward participial adjective from 'underlie'/'under' + 'lie' meaning 'lying beneath', which learners can derive from the parts.

Etymology

Underlying comes from the simple parts under 'below' and lie 'to be', like something that 'lies under' the surface, for example the soil under a road. So, an underlying layer or structure is physically beneath and supports what is above it.