A type of contract in which the seller agrees to deliver a certain amount of a specific Cash commodity to the buyer at some future date. A forward contract is generally traded over the counter and unlike futures contracts is not standardized with the terms of the contract worked out between the two parties.
Browse by Subjects
See All Related Terms »
NASD Dispute Resolution, Inc.
offshore financial centre
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):