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.


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译者Kelly,美国顶尖商学院国际经济法专业,擅长翻译各种与投资基金与基金顾问诉讼相关的法律文件。
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