<P> In finance , a forward contract or simply a forward is a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today , making it a type of derivative instrument . The party agreeing to buy the underlying asset in the future assumes a long position , and the party agreeing to sell the asset in the future assumes a short position . The price agreed upon is called the delivery price , which is equal to the forward price at the time the contract is entered into . </P>
<P> In finance , a forward contract or simply a forward is a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today , making it a type of derivative instrument . The party agreeing to buy the underlying asset in the future assumes a long position , and the party agreeing to sell the asset in the future assumes a short position . The price agreed upon is called the delivery price , which is equal to the forward price at the time the contract is entered into . </P>
one can describe a currency forward contract as
one can describe a currency forward contract as
a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today , making it a type of derivative instrument
a non-standardized contract between two parties to buy or to sell an asset at a specified future time at a price agreed upon today , making it a type of derivative instrument