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A forward contract is an agreement between two parties to buy or sell an asset (which can be of any kind) at a pre-agreed future point in time. Therefore, the trade date and delivery date are separated. It is used to control and hedge risk, for example currency exposure risk (e.g. forward contracts on USD or EUR) or commodity prices (e.g. forward contracts on oil).
One party agrees to buy, the other to sell, for a forward price agreed in advance. In a forward transaction, no actual cash changes hands. If the transaction is collaterised, exchange of margin will take place according to a pre-agreed rule or schedule. Otherwise no asset of any kind actually changes hands, until the maturity of the contract.
The forward price of such a contract is commonly contrasted with the spot price, which is the price at which the asset changes hands (on the spot date, usually next business day). The difference between the spot and the forward price is the forward premium or forward discount.
More on [ Forward contract ]
Is it just me or do Peg Luksik's Kitchen Table blogs sound like email forwards http://bit.ly/6ZCZ92
KeystoneNews (KeystoneNews) Fri, 11 Dec 2009 16:53:33 -0000
Is it just me or do Peg Luksik's Kitchen Table blogs sound like email forwards http://bit.ly/6ZCZ92
@ImAVeronica I get constant I-hate-the-world!! email forwards from the Beck/Limbaugh crowd. AKA, my family. It's like they hate freedom.
jonathaneunice (Jonathan Eunice) Fri, 11 Dec 2009 16:50:36 -0000
@ImAVeronica I get constant I-hate-the-world!! email forwards from the Beck/Limbaugh crowd. AKA, my family. It's like they hate freedom.
I hate it when someone is obviously going through a lot of email forwards and they just keep sending them to you all morning long!
AaronKrager (AaronKrager) Fri, 11 Dec 2009 16:44:20 -0000
I hate it when someone is obviously going through a lot of email forwards and they just keep sending them to you all morning long!
RT @niamclean: how is it that the folk who think twitter, FB& social netwrkng r the devil r the same folk who send mass email/text forwards?
pwgreen3 (Perry Green III) Fri, 11 Dec 2009 13:42:14 -0000
RT @niamclean: how is it that the folk who think twitter, FB& social netwrkng r the devil r the same folk who send mass email/text forwards?
why are you up at 440am sending email forwards?
knowgoodmusic (knowgoodmusic) Fri, 11 Dec 2009 10:54:47 -0000
why are you up at 440am sending email forwards?
Oh yeah, Pranav Misthiri's 6th sense started coming in email forwards. Thats something good! - http://bit.ly/6KYW2Y
ArunBasilLal (Arun Basil Lal) Fri, 11 Dec 2009 08:28:09 -0000
Oh yeah, Pranav Misthiri's 6th sense started coming in email forwards. Thats something good! - http://bit.ly/6KYW2Y
3dge - Categories include animals, celebrities, pictures, jokes, videos and websites.
Meta Description: [ viral.3dge.net - View our collection of viral emails including video clips, funny games, funny emails, jokes and commercial viral marketing campaigns ]
Archive of Email Forwards - Ranging from the hilarious to the infamous.
Meta Description: [ A Great archive of interesting email forwards ]
Bigarse - Collected funny emails and attachments. Requires Flash.
Bore Me - Archive of viral emails.
Meta Description: [ Funny videos, funny pictures and games on Bore Me ]
httpjoke - A collection of jokes and stories circulating on email on a variety of topics.
Meta Description: [ httpjoke Internet E-Mail Humor Collection ]
Illusion of Laughter - A collection of humorous emails collected and preserved over a period of a few years.
NetScrap.com - Hundreds of collected emailed jokes and stories divided into categories.
Meta Description: [ NetScrap.com is the
central repository for all the email jokes and stuff floating around
the net. Our goal is to find the people who write these
things. ]
Thatsrich.com - Compendium of internet humor and collected mail forwards.
The Funny Pages - Collection of internet email humor.
Meta Description: [ The Funny Pages: Large and growing collection of internet email humor. ]
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