forward rate agreementglossary / FORWARD-RATE AGREEMENT forward-rate agreement. A contract that specifies what the interest rate on an obligation will be on some future date. — Abbr. FRA. 词条贡献者 资深译员Brendan,毕业于亚洲一流的高级翻译学院,擅长翻译各类与商业与人权诉讼相关的法律文件。