Accidental; undesigned; adventitious . Resulting from unavoidable physical causes.
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FORTUITOUS EVENT
Having either positive or negative consequences, it is an unforeseen occurrence. An affected person has no control over it, be it a force natural or man-made, as it occurs by […]
FORTUNA
Lat. Fortune; also treasure-trove . Jacob.Fortunam faciunt judicem. They make fortune the judge. Co. Litt. 107. Spoken ofthe process of making partition among coparceners by drawing lots for the severalpurparts.
FORTUNE 100
The 100 largest US public and privately-held companies are listed based on market capitalization or enterprise value . It is an annual ranking by Fortune magazine.
FORTUNE 1000
The top 1000 largest US public and privately-held companies are listed based on reported revenues. It is an annual ranking by Fortune magazine.
FORTUNE 500
The 500 largest US manufacturing companies are listed based on reported revenue, display several corporate information reportings. It is an annual ranking by Fortune magazine.
FORTUNE-TELLERS
In English law . Persons pretending or professing to tell fortunes. and punishable as rogues and vagabonds or disorderly persons . 4 Bl. Comm. 62.
FORTUNIUM
In old English law . A tournament or fighting with spears, and an appeal to fortune therein.
FORTY
Iu land laws and conveyancing , in those regions where grants, transfers,and deeds are made with reference to the subdivisions of the government survey, thisterm means forty acres of land […]
FORTY-DAYS COURT
In old English forest law. The court of attachment in forests. or wood-mote court.
FORTY-FOOT EQUIVALENT UNIT (FEU)
Equals about 25 metric tons or 72 cubic meters. Container industry term denoting one forty-foot container measuring 40 x 8 x 8 feet, or two twenty-foot containers measuring 20 x […]
FORUM
Lat. A court of justice, or Judicial tribunal; a place of jurisdiction ; a placewhere a remedy is sought; a place of litigation . 3 Story, 347.In Roman law. The […]
FORUM NON CONVENIENS
a Latin phrase where a court with the authority to try a case decides to turn the matter over to another court.
FORURTH
In old records. A long slip of ground. Cowell.
FORWARD
A bilateral OVERTHECOUNTER DERIVATIVE that permits the purchaser to buy, and the seller to sell, a reference ASSET at a predetermined future price and future date. Unlike a SWAP, a […]
FORWARD AUCTION
Several types exist. (1) An English auction is the most common style. Bidding begins at the seller’s minimum acceptable price. Every new bid increases the price. Each bid is a […]
FORWARD COMMITMENT
Used to advance a written loan by agreement on a future date at a specified interest rate . Automatically expires if the potential borrower does not exercise the loan.
FORWARD CONTRACT
A commodity or financial instrument bought or sold at market or spot price today by binding contract . It is delivered on a stated future, or forward, date. This settles […]
FORWARD COVER
A hedge against fluctuating adverse exchange rates. Currency sale or purchase at a fixed price on a fixed future date. The purchase is arranged or bought as a contract or […]
FORWARD CURVE
Using forward interest rate values to evaluate the time value of money . The values are calculated over various periods of time.
FORWARD DISCOUNT
A FORWARD PRICE (or rate) for future delivery of an ASSET that is lower than the SPOT PRICE (or rate) for immediate delivery. See also FORWARD PREMIUM .
FORWARD EXCHANGE RATE
Contracted rate and future, or forward, date for currency spot (between two days) or exchange (more than two days) purchase and sale.
FORWARD FOREIGN EXCHANGE (FX) CONVERSION
An ARBITRAGE strategy in the FOREIGN EXCHANGE market to take advantage of mispricing in currency FORWARDS. The conversion occurs when forwards appear CHEAP, and is created by buying a forward, […]
FORWARD FOREIGN EXCHANGE (FX) REVERSA
L An ARBITRAGE strategy in the FOREIGN EXCHANGE market to take advantage of mispricing in currency FORWARDS. The conversion occurs when forwards appear RICH, and is created by selling a […]
FORWARD FORWARD
A FORWARD transaction that is contracted to start at a future date. See also RATE, FORWARD RATE AGREEMENT.