forward

Definition

A contract obligating one party to buy and another other party to sell a financial instrument, equity, commodity or currency at a specific future date.

Use forward in a sentence

Looking forward, we expect our asset value to increase due to rising land values and the likelihood of increased sales.

​ Was this Helpful? YES  NO 10 people found this helpful.

The forward contract was created so we could expect that transaction to take place in the near future as we needed it to.

​ Was this Helpful? YES  NO 6 people found this helpful.

My boss was smart in hedging against increased fuel prices in the future because he signed a forward contract with another company in which they agreed to sell us jet fuel at the same price in the future.

​ Was this Helpful? YES  NO 3 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
20% cushion rule futures contract