Derivatives
forward deal
Turkish: vadeli islem
English Definition
A bilateral agreement to buy or sell a specified quantity of an asset, currency, or commodity at a predetermined price for delivery and settlement on a specified future date. Unlike futures contracts, forward deals are traded over the counter and can be customised to suit the specific needs of the counterparties. They carry counterparty credit risk as there is no central clearinghouse guarantee.
Türkçe Tanım
Belirli bir miktarda varlik, para birimi veya emtianin onceden belirlenmmis bir fiyattan belirtilen bir gelecek tarihte teslim ve takas edilmek uzere alinmasi veya satilmasina iliskin ikili anlasmadir. Vadeli islem sozlesmelerinden farkli olarak tezgah ustu islem gorur ve karsi taraflarin ozel ihtiyaclarina gore ozellestirilebilir. Merkezi takas kurulusu garantisi bulunmadigi icin karsi taraf kredi riski tasir.