Forward Foreign Exchange

Business, Legal & Accounting Glossary

Definition: Forward Foreign Exchange


Forward Foreign Exchange


Full Definition of Forward Foreign Exchange


A market for foreign currency futures in which contracts can be bought or sold to hedge against adverse movements in currency rates. Contracts can be used to lock in a currency rate in anticipation of its increase at some point in the future.


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Definition Sources


Definitions for Forward Foreign Exchange are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.