Full Definition of DERIVATIVE. 1. : a word formed by derivation. 2. : something derived. 3. : the limit of the ratio of the change in a function to the corresponding change in its independent variable as the latter change approaches zero.4. a contract or security that derives its value from that of an underlying asset (as another security) or from the value of a rate (as of interest or currency exchange) or index of asset value (as a stock index). See derivative defined for English-language learners. See derivative defined for kids.
So, how much does a contractor cost, anywhere from 5% to 25% of the total project cost, with the average ranging 10-15%.xactly how a general contractor charges for a project depends on the type of contract you agree to. There are three common types of cost contracts, fixed price, time & materials and cost plus a fee. Each contract type has pros and cons for both the consumer and for the contractor.
Industries. In 2011, nonresidential building construction provided almost a quarter of the 195,000 jobs for contractors, with average salaries at $45.41 per hour, or $94,450 per year.Building equipment contractors contained 14 percent of the positions at a mean $46.52 per hour, or $96,750 per year.epending on the size of the project, general contractors also can be called construction managers or project managers. Though they work from a main office, they often report to construction sites where they can monitor progress firsthand.