An agreement to buy or sell a particular nonstandardized asset (usu. currencies) at a fixed price on a future date. • Unlike a futures contract, a forward contract is not traded on a formal exchange. — Also termed forward agreement. Cf. FUTURES CONTRACT.
forward contract 远期合同；期货合同；预购合同 在将来某一确定日期依签合同时所定价格和数量清算交割商品、证券、外汇的合同。远期合同属于完全执行的合同，与期权合同相反，因为期权合同的交易者在规定的清算交割日有权对是否执行合同作出选择。 (→futures contract; option)
forward cover. The purchase of a cash commodity to meet the obligation of a forward contract. See forward contract under CONTRACT.
futures contract. An agreement to buy or sell a standardized asset (such as a commodity, stock, or foreign currency) at a fixed price at a future time, usu. during a particular time of a month. • Futures contracts are traded on exchanges such as the Chicago Board of Trade or the Chicago Mercantile Exchange. —
freight forwarder. Maritime law. A person or company whose business is to receive and ship goods for others. • A freight forwarder may be an agent of the cargo’s owner or of the carrier, or may be an independent contractor acting as a principal and assuming the carrier’s responsibility for delivering the cargo. — Also
forward-rate agreement. A contract that specifies what the interest rate on an obligation will be on some future date. — Abbr. FRA.
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The simultaneous investment in a currency and execution of spotand forward-rate foreign-exchange contracts to take advantage of exchange-rate and interest-rate differentials between currencies without assuming foreign-exchange risk.
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A commodity exchange in which futures contracts are traded; a market for a trade (e.g., commodities futures contracts and stock options) that is negotiated at the current price but calls for delivery at a future time. — Also termed forward market. See FUTURES CONTRACT. [Cases: Commodity Futures Trading Regulation 6. C.J.S. Securities Regulation § 455.]
carrier n. (1)承运人 指有偿或无偿地将货物或旅客通过陆地、水上或空中从一地运送到另一地的个人或组织。普通法中通常将承运人分为公共承运人〔common carrier〕和特约承运人〔private carrier〕。根据美国《州际商业法》〔Interstate Commerce Act〕的规定，承运人包括公共承运人、特约承运人、合同承运人〔contract carrier〕和货运代理人〔freight forwarder〕，以及这些承运人的职员、代理人和僱佣人员。 (→common carrier; private carrier; contract carrier; certified carrier; connecting carrier; freight forwarder) (2)运输工具；运载工具 用于陆地、空中或水上运输的交通工具，如火车、汽车、航空器和船舶等。
Maritime law. A freight forwarder that does not own the means of trans-portation, but that contracts with a shipper to transport freight, and with a carrier to perform the transportation. • The non-vessel-operating common carrier becomes the carrier in the contract with the original shipper, and the shipper in the contract with the eventual carrier.
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