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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法律翻译Akira，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与能源行业争议有关的法律文件。