Forward purchasing

Forward purchasing is a policy of purchasing relatively large quantities to fill needs over longer periods of time.

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Related Definitions

Bid purchasing
Bid purchasing is a policy of requesting bids from several...
Relative form of purchasing power parity
Relative form of purchasing power parity— theory stating that the...
Purchasing power parity (PPP) line
Purchasing power parity (PPP) line is a diagonal line on...
Non-deliverable forward contracts (NDFs)
Non-deliverable forward contracts (NDFs) like forward contract, represents an agreement...
Long-term forward contracts
Long-term forward contracts— contracts that state any exchange rate at...

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