Forward Contract
Example
For example, a company that implements Forward Contract strategies, like The company used a forward contract to lock in favorable pricing for raw materials., can see significant improvements in their business performance by streamlining workflows, enhancing productivity, and boosting overall profitability.
Definition
A customizable contract between two parties to buy or sell an asset at a specified price on a future date. This term is crucial in the Forward Contract context as it helps businesses understand how to Forward Contract in their operations, making it highly relevant for industries looking to optimize Forward Contract processes.
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