遠期利率契約
forward rate agreement
指簽約雙方?了避免未來利率波動的風險，而彼此同意未來某一期間，就某一定金額，訂定一個遠期對遠期的利率，而在到期時雙方只收(付)當時市場利率於約定的遠期對遠期間之差的契約。
It refers to the contracting parties in order to avoid the risk of future interest rate fluctuations, and the future of a mutually agreed period, in relation to a certain amount, set a long-term to long-term interest rates, but both received only at maturity (pay) the prevailing market rate at the long-term agreement for the period of the contract is far worse.