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

Bank guarantee

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

MORE
DEQ

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

MORE
Gap

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

MORE
Basis Points

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

MORE
Currency future

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

MORE
Investment Clubs

Understand the meaning and definition of Investment Clubs 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