forward contract

Noun

  • A contract between two parties to buy or sell something on a stated future date at a price agreed now; distinguished from a futures contract in not being standardised or exchange-traded.

Modern English dictionary

Explore and search massive catalog of over 900,000 word meanings.

Word of the Day

Get a curated memorable word every day.

Challenge yourself

Level up your vocabulary by setting personal goals.

And much more

Try out Vedaist now.