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

Revolving credit

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

MORE
Scalp

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

MORE
Stops

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

MORE
Phasor

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

MORE
Forfaiting

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

MORE
Comparitor

Understand the meaning and definition of Comparitor 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