Forward contract
Revision as of 00:34, 28 October 2019 by Gary (talk | contribs) (Created page with "Forward contract is a contract to buy or sell some item at some time in the future at a price established when the contract is entered into. ==Definitions== Accordi...")
Forward contract is a contract to buy or sell some item at some time in the future at a price established when the contract is entered into.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Forward contract. A contract to buy or sell some item at some time in the future at a price established when the contract is entered into.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
