Currency contract: Difference between revisions
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imported>Doug Williamson m (Spacing) |
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A contract whereby a company is entitled to receive payment at a specified date of a specified amount in one currency and must pay in return an amount on the same date in another currency. | A contract whereby a company is entitled to receive payment at a specified date of a specified amount in one currency and must pay in return an amount on the same date in another currency. | ||
Also known as a foreign exchange contract. | Also known as a foreign exchange contract. | ||
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== See also == | == See also == | ||
* [[Currency option]] | * [[Currency option]] | ||
Revision as of 12:47, 5 August 2013
A contract whereby a company is entitled to receive payment at a specified date of a specified amount in one currency and must pay in return an amount on the same date in another currency.
Also known as a foreign exchange contract.
