Skip to main content
Trading Terms

Forward deal

In the world of finance, there exists a contract known as a forward exchange agreement. This agreement involves the buying or selling of foreign currency, either in relation to the New Zealand Dollar or another foreign currency, with a predetermined value and a settlement date that is at least two business days after the initial transaction. This is a useful tool for managing currency risk in international trade and finance.

Related terms

Volume Price Trend (VPT)

Understand the meaning and definition of Volume Price Trend (VPT) in the context of stock market, trading, and investments.

MORE
Overshoot

Understand the meaning and definition of Overshoot in the context of stock market, trading, and investments.

MORE
Drawee

Understand the meaning and definition of Drawee in the context of stock market, trading, and investments.

MORE
Marked to Market

Understand the meaning and definition of Marked to Market in the context of stock market, trading, and investments.

MORE
Discount interest rate

Understand the meaning and definition of Discount interest rate in the context of stock market, trading, and investments.

MORE
Funded Debt

Understand the meaning and definition of Funded Debt in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91