Carryforwards Tax losses allowed to be applied to offset future income in some specified number of future years.
Expectations theory of forward exchange rates
Expectations theory of forward exchange rates A theory of foreign exchange rates that states that the expected future spot foreign exchange rate t periods from now equals the current t-period forward exchange rate.
Foreign currency forward contract
Foreign currency forward contract Agreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date.