Entry from US English dictionary
Definition of forward contract in English:
An informal agreement traded through a broker-dealer network to buy and sell specified assets, typically currency, at a specified price at a certain future date. Compare with futures contract.
Definition of forward contract in:
- US English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan