Contingent claim

In finance, a contingent claim is a derivative whose future payoff depends on the value of another “underlying” asset, or more generally, that is dependent on the realization of some uncertain future event. These are so named, since there is only a payoff under certain contingencies.

Source: Wikipedia — Contingent claim (CC BY-SA 4.0)

Contingent claim

In finance, a contingent claim is a derivative whose future payoff depends on the value of another “underlying” asset, or more generally, that is dependent on the realization of some uncertain future event. These are so named, since there is only a payoff under certain contingencies.

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Source: Wikipedia "Contingent claim" · CC BY-SA 4.0

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