TERMIUM Plus®

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

forward exchange market [1 record]

Record 1 2016-03-07

English

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

A market in which currencies are bought and sold at current rates of exchange for delivery at specified future dates.

OBS

A transactor expecting to acquire a currency, or to have to make a payment in it, at a future time, may sell or buy the currency forward, thus covering himself against any changes in its exchange value in the intervening period.

Key term(s)
  • foreign exchange forward market

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Commerce extérieur
Key term(s)
  • marché de change à terme

Spanish

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

Mercado en el que se compran y venden divisas a tipo de cambio corrientes para entrega en fechas futuras especificadas.

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