Business / Agriculture / Forward Contract: A cash transaction common in many industries, including agricultural commodity merchandising, in which a commercial buyer and seller agree upon delivery of a specified quality and quantity of goods at a specified future date. A price may be agreed upon in advance, or there may be agreement that the price will be determined at the time of delivery. Forward contracts, in contrast to futures contracts, are privately negotiated and are not standardized.
Search Google for Forward Contract:
Contract Adjective Synonyms: agreement, understanding, deal, bargain, arrangement, pact, commitment, obligation, compact
Contract Noun Synonyms: engage, agree, promise, covenant, undertake
Contract Verb Synonyms: catch, acquire, get, come down with, develop, become infected with, go down with
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Forward Verb Synonyms: speed (up), accelerate, advance, hasten, expedite, hurry, quicken, step up
Forward Adjective Synonyms: (well-)advanced, (well-)developed, progressive, precocious, forward-looking
Forward Noun Synonyms: advance, leading, foremost, front, head, first
Forward Adverb Synonyms: advance, further, promote, back, foster, support, aid, assist, help, patronize, encourage, nourish, nurse along
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Business / Finance / Most Distant Futures Contract: When several futures contracts are considered, the contract settling last. Related: Nearby futures contract. MORE
Business / Finance / Nearby Futures Contract: When several futures contracts are considered, the contract with the closest settlement date is called the nearby futures contract. The next (or the 'next out') futures contract is the one that settle MORE
Business / Finance / Net Operating Loss (NOL) Carryforward: The amount of Net Operating Losses accumulated over past tax years that is available for offsetting taxable income in the current and future tax years. MORE