forward contract merchant
Defined in 1 place of the United States Code.
“forward contract merchant” means a person whose business consists in whole or in part of entering into forward contracts as or with merchants in a commodity, as defined in section 761(8) of this title, 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;
Source
- 1994–200511 U.S.C. § 101Bankruptcy · Definitions · in this title
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.
Source
- 2005–present11 U.S.C. § 101Bankruptcy · Definitions · in this title