NRS 682A.057
“Derivative instrument” defined.

1.

“Derivative instrument” means an agreement, option or instrument, or a series or combination thereof:

(a)

To make or take delivery of, or assume or relinquish, a specified amount of one or more underlying interests, or to make a cash settlement in lieu thereof; or

(b)

That has a price, performance, value or cash flow based primarily upon the actual or expected price, level, performance, value or cash flow of one or more underlying interests.

2.

The term includes, without limitation, options, warrants used in a hedging transaction and not attached to another financial instrument, caps, floors, collars, swaps, forwards, futures and any other agreements, options or instruments substantially similar thereto, or any series or combination thereof, and any agreements, options or instruments allowed pursuant to the regulations adopted under NRS 682A.388.

3.

The term does not include an investment authorized by NRS 682A.408 to 682A.448, inclusive, 682A.460 and 682A.518 to 682A.558, inclusive.

Source: Section 682A.057 — “Derivative instrument” defined., https://www.­leg.­state.­nv.­us/NRS/NRS-682A.­html#NRS682ASec057.

682A.005
Definitions. 682A.007
“Acceptable collateral” defined. 682A.009
“Acceptable private mortgage insurance” defined. 682A.013
“Accident and health insurance” defined. 682A.015
“Accident and health insurer” defined. 682A.017
“Admitted asset” defined. 682A.019
“Affiliate” defined. 682A.023
“Asset-backed security” defined. 682A.025
“Business entity” defined. 682A.027
“Cap” defined. 682A.029
“Capital and surplus” defined. 682A.033
“Cash equivalents” defined. 682A.035
“Class one bond mutual fund” defined. 682A.037
“Class one money market mutual fund” defined. 682A.039
“Collar” defined. 682A.043
“Commercial mortgage loan” defined. 682A.045
“Construction loan” defined. 682A.047
“Control” defined. 682A.049
“Counterparty exposure amount” defined. 682A.053
“Covered” defined. 682A.055
“Credit tenant loan” defined. 682A.057
“Derivative instrument” defined. 682A.059
“Derivative transaction” defined. 682A.063
“Direct” and “directly” defined. 682A.065
“Dollar roll transaction” defined. 682A.067
“Domestic jurisdiction” defined. 682A.069
“Equity interest” defined. 682A.073
“Equivalent securities” defined. 682A.075
“Floor” defined. 682A.077
“Foreign currency” defined. 682A.079
“Foreign investment” defined. 682A.083
“Foreign jurisdiction” defined. 682A.085
“Forward” defined. 682A.087
“Future” defined. 682A.089
“Government money market mutual fund” defined. 682A.093
“Government-sponsored enterprise” defined. 682A.095
“Guaranteed or insured” defined. 682A.097
“Hedging transaction” defined. 682A.099
“High grade investment” defined. 682A.103
“Income” defined. 682A.105
“Income generation transaction” defined. 682A.107
“Insurance future” defined. 682A.109
“Insurance future option” defined. 682A.113
“Investment company” defined. 682A.115
“Investment company series” defined. 682A.117
“Investment practices” defined. 682A.119
“Investment strategy” defined. 682A.123
“Investment subsidiary” defined. 682A.125
“Letter of credit” defined. 682A.127
“Limited-liability company” defined. 682A.129
“Lower grade investment” defined. 682A.133
“Market value” defined. 682A.135
“Medium grade investment” defined. 682A.137
“Money market mutual fund” defined. 682A.139
“Mortgage loan” defined. 682A.143
“Multilateral development bank” defined. 682A.145
“Mutual fund” defined. 682A.147
“NAIC” defined. 682A.149
“Obligation” defined. 682A.153
“Option” defined. 682A.155
“Over-the-counter derivative instrument” defined. 682A.157
“Person” defined. 682A.159
“Potential exposure” defined. 682A.163
“Preferred stock” defined. 682A.165
“Qualified bank” defined. 682A.167
“Qualified business entity” defined. 682A.169
“Qualified clearinghouse” defined. 682A.173
“Qualified exchange” defined. 682A.175
“Qualified foreign exchange” defined. 682A.177
“Rated credit instrument” defined. 682A.179
“Real estate” defined. 682A.183
“Replication transaction” defined. 682A.185
“Repurchase transaction” defined. 682A.187
“Required liabilities” defined. 682A.189
“Residential mortgage loan” defined. 682A.193
“Reverse repurchase transaction” defined. 682A.195
“Secured location” defined. 682A.197
“Securities lending transaction” defined. 682A.199
“Series company” defined. 682A.203
“Sinking fund stock” defined. 682A.205
“Special rated credit instrument” defined. 682A.207
“State” defined. 682A.209
“Substantially similar securities” defined. 682A.213
“SVO” defined. 682A.215
“Swap” defined. 682A.217
“Underlying interest” defined. 682A.219
“Unrestricted surplus” defined. 682A.223
“Warrant” defined.
Last Updated

Jun. 24, 2021

§ 682A.057’s source at nv​.us