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forward contract merchant

Defined in 1 dictionary — U.S. Code

United States Code

11 U.S.C. § 101 — in this title (2 versions over time)

The term “forward contract merchant” means a Federal reserve bank, or an entity the business of which consists in whole or in part of entering into forward contracts as or with merchants in a commodity (as defined in section 761) or any similar good, article, service, right, or interest which is presently or in the future becomes the subject of dealing in the forward contract trade.