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Forward price
The price of a commodity, currency, security or other financial asset that will be sold and delivered on a specified future date, generally under a futures contract or a forward contract.
(1) In the case of a currency, the terms forward rate or forward exchange rate are more commonly used. The term forward rate is also used in the case of an interest rate.
(2) In the case of a forward contract, the term delivery price is also used.
Translations
Synonyms and variations
- Delivery price
- Forward exchange rate
- Forward rate