Home > Glossary > Forward Booking

Meaning / Definition of

Forward Booking

Categories: Investing and Trading, Forex,

A currency trading mechanism whereby a booking company (called a risk agent) creates a contract with specified currency exchange rate for a future date. If the exchange rate changes, the risk agent assumes the loss or gain from the rate at the time of exchange.

Featured term of the day

Definition / Meaning of

Sublimit

Categories: Insurance, Business and Management,

removed

Most popular terms

1. Price-to-earnings Ratio (P/E)
2. Flexible Spending Account
3. Stowers Doctrine
4. CollegeSure CD
5. National Association Of Securities Dealers Automated Quotations System
6. Section 15 Declaration Of Incontestability
7. Portable Benefits
8. Hand
9. Most Favored Venue Wording
10. Prohibited Transactions

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital