Forward Exchange Contract

Forward Exchange Contract,

Forward Exchange Contract: What is the Meaning of Forward Exchange Contract?

  • Forward Foreign Exchange transaction is a special type of foreign currency transaction. A futures agreement is an agreement between two parties that will trade two specific currencies at some point in the future. These agreements are always after the due date of the cash agreement and work to protect the buyer from exchange rate fluctuations.

    • A forward exchange agreement is an agreement between two parties that will exchange two specific currencies at some point in the future.
    • Futures contracts are not exchanged on exchanges and standard currency securities are not traded under this agreement.
    • Forward exchange transactions are joint hedging against risk, as it protects both parties from unexpected or negative fluctuations in spot exchange rates in the future.

Literal Meanings of Forward Exchange Contract

Forward:

Meanings of Forward:
  1. Aggressive players in basketball, hockey or other sports.

  2. Abbreviation for future contract

  3. Face forward or forward, or a direction that the person is seeing or walking.

  4. Related to or related to the future.

  5. Continue or move on to successful completion.

  6. In a mischievous or recognizable way, especially in a deceptive way.

  7. The direction you are looking for or going.

  8. Please to get a successful closure.

  9. On time for the future.

  10. Send (letter or email) to another destination.

  11. It helps to promote (something), to move forward.

Sentences of Forward
  1. Hockey must have special coaches for goalkeepers, defenders, forwards and forwards.

  2. Flight ahead

  3. Twelve month forecast

  4. The decision is one step ahead

  5. I'm not usually a waiter.

  6. He started the engine and the car sped off.

  7. There is no way forward for the relationship

Synonyms of Forward

redirect, forwards, advancing, step up, contribute to, brash, accelerate, further, daring, forth, on, assist, forward-looking, familiar, future, onwards, back, progressive, speed up, overfamiliar, audacious

Exchange:

Meanings of Exchange:
  1. The act of giving one thing in return and receiving another (especially of the same type or price).

Sentences of Exchange
  1. Negotiations led to the exchange of land for peace.

Synonyms of Exchange

barter, swapping, trafficking, trade-off, giving and taking, change, switch, reciprocity, trade, bandying, swap, interchange, trading, traffic

Contract:

Meanings of Contract:
  1. Decrease in size, number or rating.

  2. Make a formal and legally binding agreement.

  3. Catch or Prepare (Disease or Infectious Agent)

  4. Your debt

  5. Written or verbal agreements, including, but not limited to, employment, sales, or lease agreements that are intended to be legal.

Sentences of Contract
  1. When it cools, the glass contracts

  2. Local authorities will employ various agencies to provide services

  3. Three people infected with the deadly virus

  4. The resulting debt is 3,300

  5. Both parties will have to sign an employment agreement

Synonyms of Contract

understanding, agreement, fall ill with, become liable to pay, get, develop, engage, be struck down with, commitment, be taken ill with, succumb to, shrink, pick up, catch, pledge, come down with, settlement, pact, acquire, bond, compact, become smaller, commit oneself, become infected with, arrangement, be stricken with, fall into, incur, get smaller