underlying

American  

[uhn-der-lahy-ing] / ˈʌn dərˌlaɪ ɪŋ /

adjective

1. lying or situated beneath, as a substratum.

2. fundamental; basic.

   the underlying cause of their discontent.

3. implicit; discoverable only by close scrutiny or analysis.

   an underlying seriousness in his witticisms.

4. (of a claim, mortgage, etc.) taking precedence; anterior; prior.

5. Linguistics. belonging to an earlier stage in the transformational derivation of a sentence or other structure; belonging to the deep structure.

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underlying British  

/ ˌʌndəˈlaɪɪŋ /

adjective

1. concealed but detectable

   underlying guilt

2. fundamental; basic

3. lying under

4. finance (of a claim, liability, etc) taking precedence; prior

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Usage

What does underlying mean? Underlying most literally means situated underneath—lying under something, as in We have to fix the underlying layer before repairing the surface.Underlying perhaps most commonly means fundamental or basic. This sense of the word is used to describe things that are the basis, foundation, or cause of something else. A person’s underlying beliefs are their most essential beliefs, the ones that all their other beliefs, opinions, or values are based on. A single, underlying issue may be the basis of many other problems. Symptoms are caused by an underlying condition or disease.Less commonly, underlying can be used to describe something that lies beneath in a figurative way, especially something that’s difficult to detect because it’s partially hidden, such as underlying guilt or the underlying theme of a poem.Underlying is also the continuous tense (ing- form) of the verb underlie, meaning to literally lie beneath or to be the basis or foundation of, as in This is the main problem that underlies all the other issues. In a financial context, underlying is used more narrowly as a way of indicating what came first or what has precedence, such as in things like mortgages or insurance claims.Example: We are still working to determine the underlying cause of the collapse.

Etymology

Origin of underlying

First recorded in 1605–15; underlie + -ing ²

Example Sentences

Still, the company’s brand value remains closely tied to its underlying products.

From MarketWatch

With a three-month window on liquidity, the sector is slow to react to big shifts in underlying fundamentals.

From MarketWatch

Higher energy costs could both weigh on Japan’s economy and boost underlying inflation, complicating the BOJ’s policy steering.

From The Wall Street Journal

Researchers are increasingly recognizing that underlying health issues may be preventing standard treatments from working.

From Science Daily

De Min said he remained committed to ensuring investors who supported the project were treated fairly once the underlying disputes had been addressed.

From BBC

Related Words

• basic
• elemental
• hidden