ELI5: Explain Like I'm 5

Inflation derivative

Inflation derivatives are special kinds of contracts that help people to protect themselves from changes in the prices of things that they buy. They allow you to predict how much prices will go up or down, so that you can make sure you don't spend too much money on things. For example, if you buy a car and the prices of cars go up, an inflation derivative could help you keep from paying too much.