A "forward" is a type of financial contract where two parties agree to buy or sell an asset at a predetermined price on a specific future date. This agreement helps businesses and investors manage risks related to price fluctuations in markets. For example, a farmer might use a forward contract to lock in a price for their crops before harvest, ensuring they receive a fair price regardless of market changes.
In the world of sports, a "forward" refers to a player position, typically responsible for scoring goals and creating offensive plays. In soccer, for instance, forwards are often the team's primary attackers, using their speed and skill to outmaneuver defenders and find the back of the net.