forward contract

简明释义

期汇契约

英英释义

例句

1.By signing a forward contract, the airline secured fuel prices for the next year.

通过签署远期合同，航空公司确保了明年的燃料价格。

2.A forward contract can help businesses manage the risk of price changes in raw materials.

一个远期合同可以帮助企业管理原材料价格变化的风险。

3.A farmer entered into a forward contract to sell his wheat at a fixed price before the harvest.

一位农民签订了一个远期合同，以在收获前以固定价格出售他的麦子。

4.The company uses a forward contract to hedge against currency fluctuations when importing goods.

该公司使用远期合同来对冲进口商品时的货币波动。

5.Investors often utilize a forward contract to lock in prices for future purchases of commodities.

投资者通常利用远期合同来锁定未来商品购买的价格。

作文

In the world of finance and trading, managing risk is a crucial aspect for businesses and investors. One of the most effective tools used to mitigate risks associated with price fluctuations in commodities, currencies, or other financial instruments is the forward contract. A forward contract is a personalized agreement between two parties to buy or sell an asset at a predetermined price on a specific future date. This type of contract is particularly beneficial for hedging against potential losses that may arise from unfavorable price movements.For instance, consider a farmer who grows wheat. As the harvest approaches, the farmer is concerned that the price of wheat might drop significantly before they can sell their crop. To protect against this risk, the farmer can enter into a forward contract with a buyer, agreeing to sell a certain quantity of wheat at a fixed price that is satisfactory to both parties. By locking in this price, the farmer ensures that they will receive a guaranteed income regardless of market fluctuations.On the other hand, the buyer also benefits from a forward contract. They can secure a supply of wheat at a known price, which allows them to plan their finances and avoid unexpected costs. This mutual benefit makes forward contracts a popular choice among traders and businesses.It is important to note that forward contracts are typically traded over-the-counter (OTC), meaning they are not standardized or traded on exchanges like futures contracts. This customization allows parties to tailor the terms of the contract to their specific needs, including the amount of the asset, the delivery date, and the price. However, this also introduces counterparty risk, as there is no central clearinghouse to guarantee the transaction. If one party fails to fulfill their obligations, the other party may face significant losses.Despite these risks, forward contracts can be invaluable tools for businesses operating in volatile markets. For example, multinational corporations often use forward contracts to hedge against currency risk. When a company expects to receive payments in a foreign currency at a future date, they can lock in an exchange rate through a forward contract. This protects them from adverse currency fluctuations that could impact their profits.In conclusion, a forward contract is a powerful financial instrument that enables parties to manage risks associated with price volatility. By agreeing on a set price for a future transaction, businesses and investors can safeguard their interests and enhance their financial planning. While there are risks involved, the benefits of using forward contracts in various sectors, from agriculture to international trade, make them a vital component of modern financial strategies.

在金融和交易的世界中，管理风险是企业和投资者的重要方面。用于减轻与商品、货币或其他金融工具价格波动相关的风险的最有效工具之一就是远期合约。远期合约是双方之间的个性化协议，约定在特定的未来日期以预定价格购买或出售资产。这种类型的合同对于对抗可能因不利价格变动而造成的潜在损失特别有益。例如，考虑一个种植小麦的农民。随着收获的临近，农民担心在他们能出售作物之前，小麦的价格可能会大幅下跌。为了保护自己免受这一风险，农民可以与买方签订远期合约，同意以固定价格出售一定数量的小麦。通过锁定这个价格，农民确保无论市场波动如何，他们都将获得保证的收入。另一方面，买方也从远期合约中受益。他们可以以已知的价格确保小麦的供应，这使他们能够规划财务，避免意外成本。这种互惠互利使得远期合约成为交易者和企业的热门选择。需要注意的是，远期合约通常是在场外交易（OTC）进行的，这意味着它们不是标准化的，也不是像期货合约那样在交易所交易。这种定制化允许各方根据其特定需求量身定制合同条款，包括资产的数量、交货日期和价格。然而，这也引入了对手风险，因为没有中央清算所来保证交易。如果一方未能履行其义务，另一方可能面临重大损失。尽管存在这些风险，远期合约在波动市场中运营的企业仍然可以是无价的工具。例如，跨国公司通常利用远期合约来对冲汇率风险。当公司预计在未来某个日期收到外币付款时，他们可以通过远期合约锁定汇率。这保护了他们免受可能影响利润的不利货币波动。总之，远期合约是一种强大的金融工具，使各方能够管理与价格波动相关的风险。通过就未来交易的设定价格达成一致，企业和投资者可以保护自己的利益并增强财务规划。尽管存在风险，但在农业、国际贸易等各个领域使用远期合约的好处使其成为现代金融战略的重要组成部分。