Concept information
Preferred term
forward market
Definition
- Not a formal market like the futures exchange, the “forward market” describes the informal over-the-counter trade of forward contracts. Forward contracts are similar to, and sometimes described as a type of, futures. [Source: Encyclopedia of Business in Today's World; Forward Market]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/forward_market
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