forward discount
A circumstance that arises in the forex Forward Market when the spot exchange rate for a currency pair trades at a higher level than its exchange rate for a given future date. In such a situation, the currency pair is said to trade forward at a discount to its spot rate, and a forward discount tends to reflect the possibility that the currency pair might fall over time due to pressures arising from interest rate differentials.
Browse by Subjects
Government National Mortgage Association (Ginnie Mae)
Euro deposit
Society for Worldwide Interbank Telecommunications (SWIFT)
control period
Romalpa clause