Assertion: forward | /r/HasProperty | non-standardized contract
Facets:
value: between two parties
type: OTHER
value: in finance
type: OTHER
Source sentences:
text: 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 at the time of conclusion of the contract, making it a type of derivative instrument.