Corporate Finance 2009
Vernimmen.net HomeAccueil Site mapPlan du site ContactContact
Search the site
The book The Vernimmen letter Tools Glossary Ressources Test yourself Questions and comments Visitor's book
Definition of Forward currency transaction - Finance dictionary

Forward currency transaction (See Chapter 48 of the Vernimmen)

A forward currency transaction is a forward transaction with a currency pair at a forward exchange rate determined at the time a deal is concluded. Tantamount to borrowing today the present value in the currency to be sold at maturity of this transaction, exchanging it at the current rate and investing for the same maturity the corresponding amount in the other currency of the currency pair.

Forward currency transaction (See Chapter 48 of the Vernimmen)

A forward currency transaction is a forward transaction with a currency pair at a forward exchange rate determined at the time a deal is concluded. Tantamount to borrowing today the present value in the currency to be sold at maturity of this transaction, exchanging it at the current rate and investing for the same maturity the corresponding amount in the other currency of the currency pair.

See all terms in the dictionary of finance

To know more about it, look at what we have already written on this subject :
             You get more than just a glossary on www.vernimmen.com:
- A monthly newsletter with over 26,000 subscribers
- 610,000 financial data for over 16,000 groups
- A 279-question quiz with answers
- A text book that has sold 70,000 copies
- And all the rest

To find other words in the dictionary of finance, click on the first letter of the word you are looking for:

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Definitions of terms begining with the same letter as "Forward currency transaction" :

FCFF
FFO
FIFO, First in, first out
FRA
Face value
Facility fee
Factor
Factoring
Fair Market Value or FMV
Fairness opinion
Fallen angels
Fama-French model
Family-owned company
Finance lease
Financial analysis
Financial analysis techniques
Financial analyst
Financial assets
Financial breakeven
Financial buyer
Financial communication
Financial cost
Financial currency risk
Financial distress
Financial distress cost
Financial expense
Financial income
 Financial interest rate risk
Financial investor
Financial leverage
Financial leverage - dynamic
Financial loan
Financial resources
Financial risk
Financial risk management
Financial security
Financial structure
Financial sweetener
Financial synergy
Financial system
Financing cycle
Firm underwriting
Firm value
First in, first out
First mover advantage
Fisher formula
Fixed assets
Fixed costs
Fixed income securities
Fixed-price offering
Fixed-rate debt security
Floating-rate debt security
Floor
Floor plan loan
Flow-back
Foreign bond
Foreign currency advances
Foreign currency hedging
Foreign exchange gains and losses
Foreign exchange risk
Forward currency transaction
Forward exchange rate
Forward rate agreement, FRA
Forward transaction
Forward-forward rate
Free cash flow
Free cash flow
Free cash flow to the firm, FCFF
Free float
Free float factor
Free rider
Free share
Friendly offer
Full commitment
Full consolidation
Fully-diluted EPS
Fundamental analysis
Fundamental valuation method
Funds from operation ( FFO)
Fungibility
Future

Forward currency transaction (See Chapter 48 of the Vernimmen)

A forward currency transaction is a forward transaction with a currency pair at a forward exchange rate determined at the time a deal is concluded. Tantamount to borrowing today the present value in the currency to be sold at maturity of this transaction, exchanging it at the current rate and investing for the same maturity the corresponding amount in the other currency of the currency pair.

Order the book
Order the book.
Order the book

Teacher's space

Home page
Legal mention - Contact - Site map