Usually means: Basis or cause of something.
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We found 36 dictionaries that define the word underlying:

General (24 matching dictionaries)
  1. underlying: Longman Dictionary of Contemporary English
  2. underlying: Merriam-Webster
  3. underlying: Oxford Learner's Dictionaries
  4. underlying: American Heritage Dictionary of the English Language
  5. underlying: Collins English Dictionary
  6. underlying: Vocabulary.com
  7. Underlying, underlying: Wordnik
  8. underlying: Cambridge Advanced Learner's Dictionary
  9. underlying: Wiktionary
  10. underlying: Webster's New World College Dictionary, 4th Ed.
  11. underlying: The Wordsmyth English Dictionary-Thesaurus
  12. underlying: Infoplease Dictionary
  13. underlying: Dictionary.com
  14. underlying: Cambridge Essential American English Dictionary
  15. Underlying: Wikipedia, the Free Encyclopedia
  16. Underlying: Online Plain Text English Dictionary
  17. underlying: Webster's Revised Unabridged, 1913 Edition
  18. underlying: Rhymezone
  19. Underlying: AllWords.com Multi-Lingual Dictionary
  20. underlying: FreeDictionary.org
  21. underlying: Mnemonic Dictionary
  22. underlying: TheFreeDictionary.com

Business (10 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. UNDERLYING: Accounting Glossary
  4. Underlying: bizterms.net
  5. Underlying: Investopedia
  6. Comprehensive Financial (No longer online)
  7. underlying: Legal dictionary
  8. Underlying: Financial dictionary
  9. BusinessDictionary.com (No longer online)
  10. Underlying: WashingtonPost.com: Business

Computing (1 matching dictionary)
  1. underlying: Encyclopedia

Medicine (1 matching dictionary)
  1. underlying: Merriam-Webster Medical Dictionary

(Note: See underlie as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
adjective:  lying underneath
adjective:  basic or fundamental
adjective:  implicit
noun:  (finance) The entity from whose performance a derivative derives its value.

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    gray,     beige,     taupe,     olive,     charcoal, more...



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