Definition of Forward market

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TeachMeFinance.com - explain Forward market



Forward market

The term 'Forward market ' as it applies to the area of agriculture can be defined as ' This refers to informal (non-exchange) trading of commodities to be delivered at a future date. Contracts for forward delivery are 'personalized' (i.e., delivery time and amount are determined between seller and customer)'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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