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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

Narrow passage through which water travels. To dig a long hole for carrying water.

/ˈint(ə)rəst/

noun verb

Activity or subject one enjoys doing or learning. To make someone want to know about something.

/ˈpirēəd/

noun other

length or portion of time. Full stops (.), marking the end of a sentence.

/ˈpärdē/

noun other verb

social gathering. Groups of people who travel, do some things together. To attend, meet, gather at an event to have fun.

welcome - welcome

/ˈwelkəm/

adjective exclamation noun verb

gladly received. used to greet someone in polite or friendly way. instance or manner of greeting someone. To greet someone who has just arrived.

/dəˈskrīb/

verb

To tell the appearance, sound, smell of something.

/ˈkərənsē/

noun

Money system that a country uses.

/plät/

verb

To devise or develop a literary or dramatic storyline.

/ˈfôrwərd/

adjective adverb noun verb

directed or facing towards front. Toward a future time; to a more advanced state. 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

under normal conditions.

/ˌekəˈnämik/

adjective

relating to economics or economy.

/ˈmärkət/

noun other verb

gathering for trade. Areas or regions where a certain product is sold. promote.

noun other verb

agreement intended to be legally enforceable. Legal agreements, e.g. for doing work for money. To make an agreement for doing work for money.

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