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forward exchange

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noun

a foreign bill purchased at a stipulated price and payable at a future date.

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“Evoke” and “invoke” both derive from the same Latin root “vocāre.”

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Origin of forward exchange

First recorded in 1925–30
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

How to use forward exchange in a sentence

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