Forward Contract

Forward contract is an agreement for the future delivery of the underlying commodity or security at a specified price at the end of a designated period of time. Unlike a future contract, a forward contract is traded over the counter and its terms are negotiated individually. There is no clearing house for forward contracts, and the secondary market may be non-existent or thin.

Nearby pages
Forward rate agreement, Foscari, Fossil Fuels, Fossorial, Fotheringay