FORWARD-RATE AGREEMENT

forward-rate agreement.A contract that specifies what the interest rate on an obligation will be on some future date. — Abbr. FRA.[Blacks Law 8th]

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FORWARD COVER

forward cover.The purchase of a cash commodity to meet the obligation of a forward contract. See forward contract under CONTRACT.[Blacks Law 8th]

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FORWARD AND BACKWARD AT SEA

forward and backward at sea.Marine insurance. From port to port in the course of a voyage, and not merely from one terminus to the other and back.[Blacks Law 8th]

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FOR USE

for use.For the benefit or advantage of another. See USE.[Blacks Law 8th]

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FORUM STATE

forum state.Conflict of laws. The state in which a suit is filed.[Blacks Law 8th]

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