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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With F
  5. Forward Exchange Contract

Forward Exchange Contract

Definition of 'Forward Exchange Contract'

An agreement to buy an amount of a currency at an agreed exchange rate on a fixed date.

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Related Terms

Foreign Currency SwapForward PointsForward OptionForward contractUnbiased Forward Predictor TheoryCurrency Futures ContractForward RatePure Floating Exchange RateFRAFX SwapCurrency SwapCash and CarrySpotExchange AgioExpectations Theory of Foreign ExchangeInterest Rate Parity of Exchange Rate DeterminationLondon Metal ExchangeCFDContract For DifferenceFutures contract

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