forward contract

noun

A contract between two parties to buy or sell something on a stated future date at a price agreed now; distinguished from a futures contract in not being standardised or exchange-traded.

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Meanings

nounforward contract (plural forward contracts)

plural forward contracts

  1. businessA contract between two parties to buy or sell something on a stated future date at a price agreed now; distinguished from a futures contract in not being standardised or exchange-traded.

Synonyms & antonyms

Also see
forward
Cite this entry
APA

forward contract. (n.d.). In WatkinsX Dictionary. Retrieved November 3, 2026, from https://dictionary.watkinsx.com/word/forward%20contract

MLA

“forward contract.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/forward%20contract. Accessed November 3, 2026.

Chicago

WatkinsX Dictionary, s.v. “forward contract,” accessed November 3, 2026, https://dictionary.watkinsx.com/word/forward%20contract.

Source: forward contract on Wiktionary, CC BY-SA 4.0.