Non-Deliverable Forward (NDF),
How To Define Non-Deliverable Forward (NDF)?
Undelivered futures (NDF) agreements are usually short-term agreements that are settled in cash. The value of the face has never changed, so the name cannot be given. In the case of monetary NDF, both parties agree to accept the opposing party for a certain amount of money agreed upon under the agreement. This means that the partner agrees to pay the difference between the agreed NDF price and the current spot rate. Profit or loss is calculated on the basis of the nominal value of the contract, taking into account the difference between the contract rate and the cash settlement rate.
- The Non-Transferable Futures Agreement (NDF) is a two-part currency derivative agreement used to exchange cash flows between the NDF and the current spot rate.
- The NDF's largest markets are the Chinese yuan, the Indian rupee, the South Korean won, the new Taiwan dollar and the Brazilian real.
- The largest NDF trading segment is the US dollar, located in London, with active markets in Singapore and New York.
Literal Meanings of Non-Deliverable Forward (NDF)
Meanings of Non:
Express rejection or absence
Neutral expresses negative connotations when correspondence with them has a special meaning (e.g., inhuman or dehumanized)
Meanings of Deliverable:
Can be delivered.
Something special can be given as a product of the development process.
Sentences of Deliverable
Goods are in delivery condition
The company's primary way of measuring customer feedback about the services provided
Meanings of Forward:
The direction you look or walk.
Proceed to completion.
Just in time for the future.
Either forward or in the direction you are looking or traveling.
Related to or related to the future.
Go or try to finish successfully.
Dare or trust someone (especially) with arrogance.
Aggressive player in basketball, hockey or any other sport.
Short term contract
Send (letter or email) to another destination.
Sentences of Forward
He started the engine and the car sped off.
There is no way forward for the relationship
From that day on, the party disagreed with us
Twelve months forecast for the future
The decision is one step ahead
I'm not usually a forward thinker
Hockey should do the same with a goalkeeper, defender and a dedicated coach for the back run.
Synonyms of Forward
aid, hasten, expedite, bold, redirect, further, brazen, support, progressive, shameless, contribute to, immodest, for the future, favour, moving forwards, back, assuming, foster, brazen-faced, step up, forward-looking, presumptuous