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forward exchange

noun
1.
a foreign bill purchased at a stipulated price and payable at a future date.
Origin
1925-1930
1925-30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for forward exchange
  • For example, forward exchange rates are not good predictors of future spot exchange rates.

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Difficulty index for forward exchange

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Word Value for forward

14
14
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