forward contract
non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today
en-US/ˈfɑɹwɚd ˈkɑnˌtɹækt/
en-GB/ˈfɔːwəd ˈkɒntɹækt/
non-standardized contract between two parties to buy or sell an asset at a specified future time at a price agreed upon today