GNCC Capital Inc (GNCP)

[layton]

Real world definition. Nothing to do with GNCP and the other stinky pinkies!! Hint, interest rates were at 20 year highs and look at bond rates...

But let's compare notes in a few months yet AGAIN!!

A derivative is a financial contract whose value is derived from the performance of underlying market factors, such as interest rates, currency exchange rates, and commodity, credit, and equity prices.

https://www.occ.treas.gov/topics/supervision-and-examination/capital-markets/financial-markets/derivatives/index-derivatives.html#:~:text=A%20derivative%20is%20a%20financial,%2C%20credit%2C%20and%20equity%20prices.