Home > Glossary

Forward

Definition

An agreement (other than a future) to make or take delivery in the future of one or more underlying interests, or effect a cash settlement, based on the actual or expected price, level, performance, or value of such underlying interests. The expression does not mean or include spot transactions effected within customary settlement periods, when-issued purchases, or other similar cash market transactions.

Beacon Hill sidebar
Personal Lines CE sidebar
AgriCon-Banner-(728x90) (002)

Navigation

Social Media

User ID: Subscriber Status:Free