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What are forward rates? What are forward rate agreements? What is an FRA?

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Intro:

Video Vocabulary

/ˈkərənsē/

noun other

system of money in general use in particular country. Money systems that a country uses.

/ˈCHanl/

noun verb

Long hole dug in the ground, e.g. to move water. To dig a long hole for carrying water.

/ˈint(ə)rəst/

noun verb

wanting to know about something. To make someone want to know about something.

/ˈpirēəd/

noun other

length or portion of time. Menstrual cycles.

/ˈpärdē/

noun other verb

social gathering. Groups of people who travel, do some things together. enjoy oneself at a party.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

Being what was wanted or needed. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. To accept or receive something happily and gladly.

/dəˈskrīb/

verb

To tell the appearance, sound, smell of something.

/ˈkərənsē/

noun

system of money in general use in particular country.

/plät/

verb

To plan something secretly.

/ˈfôrwərd/

adjective adverb noun verb

directed or facing towards front. Toward the front in place; in front. attacking sports player. To send something to another address or person.

/imˈplīd/

adjective verb

suggested but not directly expressed. To suggest something, without saying it directly.

/ˈyo͞oZH(o͞o)əlē/

adverb

Normally; regularly.

/ˌekəˈnämik/

adjective

relating to economics or economy.

/ˈmärkət/

noun other verb

gathering for trade. Public events where people sell goods on tables. promote.

noun other verb

agreement intended to be legally enforceable. Legal agreements, e.g. for doing work for money. To reduce in size, length due to heat loss.

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