What does non-deliverable forward mean?
Definitions for non-deliverable forward
non-de·liv·er·able for·ward
This dictionary definitions page includes all the possible meanings, example usage and translations of the word non-deliverable forward.
Wikidata
Non-deliverable forward
In finance, a non-deliverable forward is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. It is used in various markets such as foreign exchange and commodities. NDFs are prevalent in some countries where forward FX trading has been banned by the government.
Numerology
Chaldean Numerology
The numerical value of non-deliverable forward in Chaldean Numerology is: 3
Pythagorean Numerology
The numerical value of non-deliverable forward in Pythagorean Numerology is: 7
Translations for non-deliverable forward
From our Multilingual Translation Dictionary
- форвард, що не доставляєтьсяUkrainian
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"non-deliverable forward." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/non-deliverable+forward>.
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