单词 | forward contract |
释义 | forward contract forward contract noun [C]
(Finance ) an agreement to supply sth for a fixed price at a particular time in the future, when it has been produced or obtained, especially an amount of a commodity (= an agricultural product, oil, a metal, etc.) or a currency: a forward contract to supply oil and gas Forward contracts can provide a hedge (= protection) against future changes in the exchange rate. ⇨ FUTURE, SPOT CONTRACT |
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