Forward contract (远期合约)

Forward contract (远期合约 yuǎnqī héyuē) is an agreement (合约 héyuē) between two parties to buy or sell an asset at a specified price on a specified future date.

  • (yuǎn) as in distant place (远方 yuǎnfāng) or distant relative (远亲 yuǎnqīn).
  • (qī) as in date (日期 rìqī) or deadline (期限 qīxiàn).
  • (hé) as in cooperate (合作 hézuò).
  • (yuē) as in appointment (预约 yùyuē) or restrain (约束 yuēshù).

Forward contract (远期合约 yuǎnqī héyuē)word examples:

  1. Forward (远期 yuǎnqī) as in forward rate (远期利率 yuǎnqī lìlǜ).
  2. Contract (合约 héyuē or 合同 hétóng) as in sales contract (销售合同 Xiāoshòu hétóng).
  3. Financial forward contract (金融远期合约 jīnróng yuǎnqī héyuē).

 

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