Underlying
Underlying refers to the fundamental or basic aspects of a concept, situation, or entity. It is often used in various fields such as medicine, finance, psychology, and philosophy to denote the root cause, base value, or core principle of a given subject.
Medicine[edit | edit source]
In medicine, the term 'underlying' is often used to describe a disease or condition that is the root cause of various symptoms or another disease. For example, diabetes could be an underlying condition for heart disease or kidney failure. Understanding the underlying condition is crucial for effective treatment and management of diseases.
Finance[edit | edit source]
In finance, 'underlying' refers to the security or asset upon which a derivative is based. The value of a derivative is directly related to the value of its underlying asset. This could be a stock, bond, commodity, currency, index, or even another derivative. The underlying asset is the primary factor that determines the price and function of the derivative.
Psychology[edit | edit source]
In psychology, underlying refers to the subconscious or unconscious factors that influence behavior, thoughts, and emotions. These could include past experiences, deeply held beliefs, or innate instincts. Understanding these underlying factors is a key aspect of many psychological therapies, including psychoanalysis and cognitive behavioral therapy.
Philosophy[edit | edit source]
In philosophy, the term 'underlying' is used to denote the fundamental principles or assumptions that form the basis of a philosophical system or argument. These underlying principles are often unspoken or assumed, but they form the foundation upon which the rest of the system or argument is built.
See also[edit | edit source]
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Contributors: Prab R. Tumpati, MD