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Glossary   >   F   >   "Forward rate agreement (FRA)" Definition            Forward rate agreement (FRA) Agreement to borrow or lend at a specified future date at an interest rate that is fixed today. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Forward rate agreement (FRA) - Agreement to borrow or lend at a specified future date at an interest rate that is fixed today.