Currency contract: Difference between revisions
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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. | |||
== See also == | == See also == | ||
*[[Contract]] | |||
* [[Currency option]] | * [[Currency option]] | ||
* [[Foreign exchange]] | |||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 10:03, 6 July 2022
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.
