The Underlying Costs That Determine The Current Sms Price

The meaning of UNDERLYING is lying beneath or below. How to use underlying in a sentence. 1. Lying under or beneath something: underlying strata. 2. Basic; fundamental: the underlying cause of the problem. 3. Present but not readily noticeable: an underlying meaning. 4. Taking precedence;. UNDERLYING definition: 1. real but not immediately obvious: 2. used to describe something on which something else is.. Learn more. lying beneath something else: an underlying layer of rock. basic: an underlying cause. that can be discovered only by close analysis or examination: Loyalty is the underlying theme of the story. lying. UNDERLYING definition: lying or situated beneath, as a substratum. See examples of underlying used in a sentence.

Underlying definition: Lying under or beneath something. The underlying features of an object, event, or situation are not obvious, and it may be difficult to discover or reveal them. To stop a problem you have to understand its underlying causes. Jan 20, 2026 · Noun underlying (plural underlyings) (finance) The entity from whose performance a derivative derives its value. underlying, adj. meanings, etymology, pronunciation and more in the Oxford English Dictionary