Usually means: Agreement to trade asset later.
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We found 17 dictionaries that define the word forward contract:

General (6 matching dictionaries)
  1. forward contract: Oxford Learner's Dictionaries
  2. forward contract: Collins English Dictionary
  3. forward contract: Dictionary.com
  4. Forward contract: Wikipedia, the Free Encyclopedia
  5. forward contract: Longman Dictionary of Contemporary English
  6. forward contract: Wiktionary

Business (11 matching dictionaries)
  1. forward contract: Merriam-Webster Legal Dictionary
  2. MoneyGlossary.com (No longer online)
  3. Derivatives (No longer online)
  4. INVESTORWORDS (No longer online)
  5. Glossary of Legal Terms (No longer online)
  6. Forward contract: Futures and Options Market Terminology
  7. Forward Contract: Investopedia
  8. Forward Contract: Financial dictionary
  9. BusinessDictionary.com (No longer online)
  10. Forward contract: WashingtonPost.com: Business
  11. Yahoo Tax Center Glossary (No longer online)

Definitions from Wiktionary (forward contract)

noun:  (finance, commerce) 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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