The forward contract (advanced arrangements) is an acceding amid two parties to barter at some anchored approaching date a accustomed abundance of a commodity for a amount authentic today.
The fixed amount today is accepted as the forward price.
The forward contract (advanced arrangements) is an acceding amid two parties to barter at some anchored approaching date a accustomed abundance of a commodity for a amount authentic today.
The fixed amount today is accepted as the forward price.