FT MarketWatch

Forward deal

A Transaction consisting of a Purchase or sale (often of foreign currency) with Settlement to occur at a specified future date. Such a Transaction will state the specific amount of the Asset to be delivered at the specific time, as well as the Unit price at which it will be delivered.

Related Terms: 10 Asset, Action, Currency, ECI, OCC, Purchase, Settlement, Settle, Transaction, Unit
Other Related Pages: Category: Currency Starting With: F
Additional Related Terms: Active asset, Allowance for depreciation, Annuity unit, Asset, Asset/equity ratio, Asset management account, Accrual of discount, Amortization of premium, Asked price, Asking price