forward contract

Non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today

Entityasset typeQ744762

Also known as forward

Instance of: asset type
Subclass of: derivative

Overview

From Wikipedia, the free encyclopedia · Read full article · Text CC BY-SA 4.0

In finance, a forward contract, or simply a forward, is a non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed on in the contract, making it a type of derivative instrument. The party agreeing to buy the underlying asset in the future assumes a long position, and the party agreeing to sell the asset in the future assumes a short position. The price agreed upon is called the delivery price, which is equal to the forward price at the time the contract is entered into.

Overview

All data

15 statements · 20% with external sources · numbers in brackets are citations

Different from: futures contract

On other databases

11 identifiers linking forward contract across the web's reference databases

Data quality

statements

20%

externally sourced

Source last edited October 18, 2026. AIDB refreshes this page daily.

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AIDB. (2026). forward contract (Q744762). Retrieved from https://aidb.si/e/forward-contract-Q744762