forward rate of exchange
1forward rate agreement — ( FRA) A customized agreement between two parties specifying the rate to be paid at some future date. Usually tied to LIBOR. American Banker Glossary ( FRA) Agreement to borrow or lend at a specified future date at an interest rate that is fixed… …
2forward rate — The interest rate for a specified maturity of a fixed income security for a future date. For example, the forward rate for six month Treasury bills one month from today. See spot rate for contrast. American Banker Glossary A projection of future… …
3forward-rate agreement — FRA 1) A contract between two parties that determines the rate of interest that will apply to a future loan or a deposit, which may or may not materialize. 2) A specified amount of a specified currency to be exchanged on an agreed future date at… …
4forward-rate agreement — FRA 1) A contract between two parties that determines the rate of interest that will apply to a future loan or a deposit, which may or may not materialize. 2) A specified amount of a specified currency to be exchanged on an agreed future date at… …
5forward rate — The rate of exchange between two currencies being bought and sold for delivery at a future date …
6forward rate — The rate of exchange between two currencies being bought and sold for delivery at a future date …
7Forward Rate Agreement - FRA — An over the counter contract between parties that determines the rate of interest, or the currency exchange rate, to be paid or received on an obligation beginning at a future start date. The contract will determine the rates to be used along… …
8forward rate — An *exchange rate specified in a foreign exchange *contract. The contract involves either a commitment or an *option to buy or sell a specified amount of a foreign currency at a specified date …
9forward rate — /ˈfɔwəd reɪt/ (say fawwuhd rayt) noun the price of forward exchange …
10Forward rate — An exchange rate for delivery on a date later than spot date …
