HomeDefinitionsCompareDebt Forward exchange transactionThe financial definition for Forward exchange transaction:Foreign currency purchase or sale at the current exchange rate but with payment or delivery of the foreign currency at a future date. Similar MatchesCash transactionCash transactionA transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). Closing transactionClosing transactionApplies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction. COD transactionCOD transactionSee: Delivery versus payment Further SuggestionsFederal intrafund transactionsHighly leveraged transaction (HLT) Intercompany transaction Interfund transactions Intrabudgetary transactions Net sales transaction Net transaction Click to compare definitions of Forward exchange transaction Click to view definitions beginning fo |