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Forward cover |
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Forward cover The purchase in the cash market of the difference between what you are obligated to deliver in a forward contract and the amount of the asset you own. For example, if you agreed to sell 100,000 bushels of corn in September in a forward contract, but you only have 60,000, you need to purchase 40,000 to cover your obligation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Unlike tools that claim to turn "data into information" for the retailer, it was built specifically to deal with retail problems of massive detail, short processing windows, frequent reorganizations of product and location classifications, and complex calculations like open-to-buy, and forward cover. |
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