Forward foreign exchange contract

 

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Forward foreign exchange contract

Agreement that obligates an investor to deliver a specified quantity of one currency in return for a specified amount of another currency.



Forward foreign exchange contract

Similar Matches

Exchange of stock

Exchange of stock

Acquisition of another company by purchase of its stock in exchange for cash or shares.


Fixed exchange rate

Fixed exchange rate

Usually synonymous with a pegged exchange rate. Although "fixed" seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate.


Forward exchange rate

Forward exchange rate

Exchange rate fixed today for exchanging currency at some future date.


Pegged exchange rate

Pegged exchange rate

A regime in which the government or central bank announces an official (par value) of its currency and then maintains the actual market rate within a narrow band above and below that by means of exchange market intervention.


London Metal Exchange (LME)

London Metal Exchange (LME)

A market for trading base metals, where traded options contracts are available against the underlying futures contract.


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