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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

sea area. To send (e.g. money) to a certain place or person.

/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. Set amount of times during which events take place.

/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

Being what was wanted or needed. used to greet someone in polite or friendly way. Friendly greeting to someone who has arrived. To greet someone who has just arrived.

/dəˈskrīb/

verb

give detailed account in words of.

/ˈkərənsē/

noun

system of money in general use in particular country.

/plät/

verb

To find and mark something on a map or graph.

/ˈfôrwərd/

adjective adverb noun verb

directed or facing towards front. Toward a future time; to a more advanced state. attacking sports player. send letter on to further destination.

/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. Needs or demands for particular products or services. To publicize products to get you to buy; advertise.

noun other verb

agreement intended to be legally enforceable. Legal agreements, e.g. for doing work for money. To become ill as a result of getting a disease.

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