Underlying vs. Underpinning — What's the Difference?
Difference Between Underlying and Underpinning
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Compare with Definitions
Underlying
In finance, the underlying of a derivative is an asset, basket of assets, index, or even another derivative, such that the cash flows of the (former) derivative depend on the value of this underlying. There must be an independent way to observe this value to avoid conflicts of interest.
Underpinning
In construction or renovation, underpinning is the process of strengthening the foundation of an existing building or other structure. Underpinning may be necessary for a variety of reasons: The original foundation isn't strong or stable enough.
Underlying
Lying under or beneath something
Underlying strata.
Underpinning
Material or masonry used to support a structure, such as a wall.
Underlying
Basic; fundamental
The underlying cause of the problem.
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Underpinning
Often underpinnings A support or foundation
"It was the towns, not the cities, that provided the underpinnings for the great American experiment" (Frank Conroy).
Underlying
Present but not readily noticeable
An underlying meaning.
Underpinning
Underpinnings(Informal) The human legs.
Underlying
Taking precedence; prior
An underlying claim to compensation.
Underpinning
Present participle of underpin
Underlying
Lying underneath
We dug down to the underlying rock.
Underpinning
A support or foundation, especially as a structure of masonry that supports a wall.
This house's underpinning is not up to standard.
Underlying
Basic or fundamental
Points and straight lines are underlying elements of geometry.
Underpinning
(metaphorical) A basis for something.
I would like to know more about the underpinning of this political theory.
Underlying
Implicit
Many nursery rhymes have an underlying meaning.
Underpinning
The lower body or legs.
Underlying
(finance) The entity from whose performance a derivative derives its value.
Underpinning
The act of one who underpins; the act of supporting by stones, masonry, or the like.
Underlying
Present participle of underlie
Underpinning
That by which a building is underpinned; the material and construction used for support, introduced beneath a wall already constructed.
Underlying
Lying under or beneath; as, the underlying strata of a locality.
Underlying
Fundamental; basic; as, underlying principles; underlying causes.
Underlying
Implicit; not immediately obvious; requiring careful scrutiny to discover; as, the underlying sarcasm in her seemingly innocuous remark..
Underlying
In the nature of something though not readily apparent;
Shortcomings inherent in our approach
An underlying meaning
Underlying
Located beneath or below
Underlying
Being or involving basic facts or principles;
The fundamental laws of the universe
A fundamental incompatibility between them
These rudimentary truths
Underlying principles
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