See Also: Forward foreign exchange rate(money)
Forward foreign exchange contract(money)
Forward foreign exchange contract(finance)
Forward foreign exchange rate(finance)
Foreign currency forward contract(finance)
Foreign currency forward contract(money)
Forward exchange(finance)
Forward exchange(money)
Forward exchange transaction(finance)
Forward exchange transaction(money)

Forward foreign exchange contract (finance) and reduct (iou)


Forward foreign exchange contract (finance)


Agreement that obligates an investor to deliver a specified quantity of one currency in return for a specified amount of another one.





reduct (iou)



reduct verb trans. LME.
[Latin reduct- pa. ppl stem of reducere REDUCE.]
Bring into, to, or from a state or form; change, simplify. Now rare. LME.
Lead back, lead into or to a place. L16-M17.
Deduct (a sum). obsolete exc. dial. L16.