Forward exchange transaction


 

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Forward exchange transaction

Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date.



Forward exchange transaction

Similar Matches

Intermediate transaction

Intermediate transaction

The sale of a product by one firm to another, presumably to be used as an intermediate input.


Riskless transaction

Riskless transaction

A transaction that is guaranteed a profit, such as the arbitrage of a temporary differential between commodity prices in two different markets. The evaluation of whether dealer markups and markdowns in OTC transactions are reasonable. According to NASD, markups or markdowns should not exceed 5%.


Intrabudgetary transactions

Intrabudgetary transactions

Effected when payment and receipt both occur within the budget, or when payment is made from off-budget federal entities whose budget authority and outlays are excluded from the budget totals.


Autonomous transaction

Autonomous transaction

In the balance of payments, a transaction that is not itself a result of actions taken officially to manage international payments; in contrast with accomodating transaction.


Net transaction

Net transaction

A securities transaction in which no commissions or extra fees are paid, such as in an initial public offering.


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