 
 
 
 
|
Nondeliverable Forward Contracts (NDF)
The financial definition for Nondeliverable Forward Contracts (NDF):
Agreement regarding a position in a specified currency, a specified exchange rate, and a specified future settlement date, that does not result in delivery of currencies. Rather one party in the agreement makes a payment to the other party on the basis of the exchange rate at the future date.
Click to compare definitions of Nondeliverable Forward Contracts (NDF)
Click to view definitions beginning no
|
|