Forward Booking

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Dictionary Says

Definition of 'Forward Booking'

A way of trading currency while minimizing the risk of volatile exchange rates. The booking company (risk agents) will write up a contract specifying what the rate of exchange will be, and in doing so will assume the exchange rate risk. The contract will also outline a timeline in which the trade must be made. The fee associated with the forward book is usually based on a percentage of the amount being traded in the contract.
Investopedia Says

Investopedia explains 'Forward Booking'

For example, if Mr. A plans to purchase a big ticket item from Europe in January, and the euro is quite low in December, he may want to forward book in case the euro skyrockets in the next month. The booking company, after making the contract would hope for the euro to plummet. However, if it doesn't, they would still have the fee paid for the transaction.
Search results for

'Forward Booking'

  • Accenture Sees Booking Momentum

    http://stocks.investopedia.com/stock-analysis/2010/Accenture-Sees-Booking-Momentum-ACN-DB-ING-INFY-WIT0628.aspx
    ... characterized the current quarter as a momentum builder, as booking pipeline trends ...
    and Wipro (NYSE: WIT) trade in excess of 18 times forward earnings, as ...

  • Booking An Uncertain Future

    http://stocks.investopedia.com/stock-analysis/2009/Booking-An-Uncertain-Future-BKS-AMZN-BGP-NWS-BAMM0526.aspx
    ... Booking An Uncertain Future. ... 2009 - this in the face of both the consumer pullback
    in spending and questions surrounding the bookselling business going forward. ...

  • Shaw Group Positions For The Longer Term

    http://stocks.investopedia.com/stock-analysis/2010/Shaw-Group-Positions-For-The-Longer-Term-SHAW--FWLT-TTEK-FLR-URS0125.aspx
    ... booking even more work on large projects such as oil refineries and power projects
    as we head into recovery - a strategy that should pay off going forward. ...

  • Carnival Needs A Profit Wave

    http://stocks.investopedia.com/stock-analysis/2010/Carnival-Needs-A-Profit-Wave-CCL-CUK-RCL-STNR-DIS0922.aspx
    ... and appears to be seeing a robust recovery in current booking trends, which ... current
    share price, Carnival trades at about 14-times forward earnings expectations ...

  • Online Travel Stocks Taking Off

    http://stocks.investopedia.com/stock-analysis/2009/Online-Travel-Stocks-Taking-Off-EXPE-LONG-CTRP-OWW-PCLN0806.aspx
    ... Fast-forward a few months and these stocks look to be taking off on a ... The online
    travel booking company managed to post a 4% increase in operating income and a ...

  • 3 Reasons To Own Royal Caribbean Cruise Lines

    http://stocks.investopedia.com/stock-analysis/2011/3-Reasons-To-Own-Royal-Caribbean-Cruise-Lines-RCL-CCL-LVS-WYNN-MGM-F0914.aspx
    ... It's almost double its current forward P/E but still reasonable. ... expense in any given
    quarter is the commissions paid to travel agents for booking clients on a ...

  • Has Fluor Built Its Foundation?

    http://stocks.investopedia.com/stock-analysis/2010/Has-Fluor-Built-Its-Foundation-FLR-NUE-STLD-NEM-FWLT-KBR-MDR-CBI0728.aspx
    ... Wheeler (Nasdaq:FWLT) is leveraged to additional refinery projects moving forward,
    KBR (NYSE ... future for this lower-margin mining business they are booking today ...

  • New Reserve Rules Bite Back

    http://stocks.investopedia.com/stock-analysis/2010/New-Reserve-Rules-Bite-Back-DVN-GDP-MMR-NFX-NBL0222.aspx
    ... using what many considered out dated and unrealistic rules for booking oil and ... industry,
    as many wanted to use prices that reflected forward expectations on ...

  • Eaton Shows Broad Recovery Continues

    http://stocks.investopedia.com/stock-analysis/2011/Eaton-Shows-Broad-Recovery-Continues-ETN-DOV-ITW-ABB-SI-PCAR-CMCO0425.aspx
    ... On Top, Not So Good in the Middle Eaton seemed to have no problem booking sales
    in ... That also suggests that the comps could get more difficult moving forward. ...

  • Accenture A Free-Cash-Flow Machine

    http://stocks.investopedia.com/stock-analysis/2010/Accenture-A-Free-Cash-Flow-Machine-ACN-INFY-SAY-WIT-CSC1005.aspx
    ... it was pleased with how the year ended up and mentioned that booking trends are ... Based
    off current company guidance, the shares currently trade at a forward P/E ...

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