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forward contract |
Also found in: Wikipedia | 0.04 sec. |
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Forward Contract A cash market transaction in which delivery of the commodity is deferred until after the contract has been made. Although the delivery is made in the future, the price is determined on the initial trade date. Notes: Most forward contracts don't have standards and aren't traded on exchanges. A farmer would use a forward contract to "lock-in" a price for his grain for the upcoming fall harvest. Forward contract A contract that specifies the price and quantity of an asset to be delivered on in the future. Forward contracts are not standardized and are not traded on organized exchanges.
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This approach also enabled us to teach the convoy planning factors of tactically segregating leaders and high-value targets in a convoy; using a forward security element; positioning the crew-served weapon systems; and locating communications platforms. Neoconservatives and realists acknowledge this need for forward security. Frick, walked from frigid fighting holes to wind-battered forward security positions surprising Marines on watch with their presence. |
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