forward discount meaning

• [Finance]
  A currency trades at a forward discount when its forward price is lower than its spot price.

• The difference between the spot and the forward price is the forward premium or forward discount, generally considered in the form of a hedge risk ( typically currency or exchange rate risk ), as a means of speculation, or to allow a party to take advantage of a quality of the underlying instrument which is time-sensitive.

• "forward discount" meaning in Chinese: 期货折扣
• "forward discount" meaning in Japanese: 先物｛さきもの｝ディスカウント
• "forward discount" meaning in Russian: фин. форвардная скидка ( сумма, на которую текущий курс ...