The purchase of a cash commodity in order to cover the obligation of a forward contract.
Related information about forward cover:
- What is forward cover? - BusinessDictionary.com
Definition of forward cover: Contract or option involving sale or purchase of a currency at a fixed price on a fixed future date, arranged or bought as a hedge ...
- Forward Cover - Financial Dictionary - The Free Dictionary
The purchase in the cash market of the difference between what you are obligated to deliver in a forward contract and the amount of the asset you own.
- What is forward cover? definition and meaning - InvestorWords.com
Definition of forward cover: The purchase of a cash commodity in order to cover the obligation of a forward contract.
- Forward exchange contracts - Standard Bank
or forward cover, may be defined as a contract between a bank and its customer whereby a rate of exchange is fixed immediately for the purchase (or sale) of ...
- Welcome to IOB - Forward Cover
It is a feature generally utilized by Indian residents who indulge in exports and imports of goods. This enables them to be aware of the risks involved in the trade ...
- forward cover
The purchase of a cash commodity in order to cover the obligation of a forward contract.
- What Is a Forward Cover?
A forward cover is type of obligation that allows buyers and sellers to establish an arrangement to purchase assets or goods at a fixed price on a future date, with ...
- Cover Definition | Investopedia
For instance, in the currency markets, the term forward cover is used to denote forward currency transactions that are undertaken for hedging purposes, ...