- *exchange rate specified in a foreign exchange *contract. The contract involves either a commitment or an *option to buy or sell a specified amount of a foreign currency at a specified date.
Auditor's dictionary. 2014.
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forward rate — The interest rate for a specified maturity of a fixed income security for a future date. For example, the forward rate for six month Treasury bills one month from today. See spot rate for contrast. American Banker Glossary A projection of future… … Financial and business terms
Forward Rate — Unter dem Terminzins (auch forward rate) versteht man den Zinssatz, welcher für Kapitalanlagen fällig wird, deren Laufzeit nicht sofort, sondern an einem bestimmten Zeitpunkt in der Zukunft beginnt und eine bestimmte Laufzeit hat. Es ist… … Deutsch Wikipedia
Forward Rate — The amount that it will cost to deliver a currency, commodity, or some other asset some time in the future. The forward rate is the price used to determine the price of a futures contract. It accounts for holding costs, appreciation and demand… … Investment dictionary
forward rate — /ˈfɔwəd reɪt/ (say fawwuhd rayt) noun the price of forward exchange … Australian English dictionary
Forward rate — An exchange rate for delivery on a date later than spot date … International financial encyclopaedia
forward rate — Fin an estimate of what an interest rate will be at a specified future time … The ultimate business dictionary
forward rate — The rate of exchange between two currencies being bought and sold for delivery at a future date … Black's law dictionary
Forward rate — A projection of future interest rates calculated from either the spot rates or the yield curve. The New York Times Financial Glossary … Financial and business terms
forward rate agreement — ( FRA) A customized agreement between two parties specifying the rate to be paid at some future date. Usually tied to LIBOR. American Banker Glossary ( FRA) Agreement to borrow or lend at a specified future date at an interest rate that is fixed… … Financial and business terms
forward rate agreement — (FRA) An agreement under which one party undertakes to make to the other party payments calculated by reference to a specified fixed interest rate on a notional principal sum in respect of a period in the future. Similarly, the other party agrees … Law dictionary