TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

FORWARD FOREIGN EXCHANGE COVER [1 record]

Record 1 1998-09-29

English

Subject field(s)
  • Currency and Foreign Exchange
  • Foreign Trade
DEF

The arrangement of a forward foreign exchange contract to protect a buyer or seller of foreign currency from unexpected fluctuations in the exchange rate.

Key term(s)
  • foreign exchange forward cover
  • forward exchange cover
  • forward foreign exchange cover

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Commerce extérieur
DEF

Contrat conclu entre une entreprise et sa banque en vertu duquel des devises sont achetées ou vendues par avance, à un cours fixé et à une échéance déterminée, moyennant un report ou un déport variable selon la devise et la durée du contrat.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Comercio exterior
DEF

Concertación de un contrato de cambio de divisas a plazos para proteger al comprador o vendedor de divisas de fluctuaciones inesperadas en el tipo de cambio.

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