InvestorWords.com

Forward Rate Agreement


Definition
FRA. A forward contract that specifies an interest rate to be paid on an obligation beginning on some future date. Any gain or loss on the contract is treated as a similar gain or loss on a futures or options contract would be.


Related Videos




Search for another term


Browse 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