forward contract

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.

---

词条贡献者

译员Nanda，毕业于英国顶尖的高级翻译学院，专注翻译各种与证券和消费者集体诉讼有关的法律文件。