FT MarketWatch

Forward Rate Agreement

FRA. A forward Contract that specifies an Interest rate to be Paid on an Obligation beginning on some future date. Any gain or loss on the Contract is treated as a similar gain or loss on a Futures or options Contract would be.

Related Terms: 9 Contract, ECI, Forward, Futures, Interest, Interest rate, Obligation, Option, Paid
Other Related Pages: Category: Lending_and_Credit Starting With: F
Additional Related Terms: Allowance for depreciation, Adjustable rate, Accrued interest, At par, All or any part, At best, At call, Adjustable rate preferred stock, Adjusted futures price, At risk