Imagine you’re planning a wedding six months from now. You want to book a photographer today for ₹50,000. But what if prices go up in six months? To avoid that, you ask the photographer to sign a contract now, locking in the price. That’s your insurance against price hikes. That contract? That’s a derivative—because it derives its value from an underlying service (photography in this... https://factsheetinc.com/website/NewBlog.aspx