anarrangementtobuysomething at afuturedateat afixedpriceas a way ofprotectingyourself against anincreaseinitsprice:Oilpricescontinuetoriseand thecompanyhas noforwardcoverfor nextyear.(Definition offorward coverfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofforward cover
forward coverThere is no need for the extra interest now that the necessity to provideforwardcoverfor sterling is removed.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0And then, when our foreign exchange reserves were low, both public and private borrowers were encouraged by cheapforwardcoverto raise funds abroad in foreign currency.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0The installation projects that have comeforwardcovera wide range of manufacturing industry, including confectionery, chemicals and ceramics, as well as the more traditional areas of engineering.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0He even deputised as a forward covering for injuries.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The research topics they put forward covered the organization of services, patients' expectations, ways to improve teamwork, and the effectiveness of services.From theCambridge English CorpusThey were not capital movements in the ordinary sense of the flight of capital, but were forward covering by traders, who probably anticipated changes in currency rates.From theHansard archiveExample from the Hansard archive. Contains Parliamentary information licensed under theOpen Parliament Licence v3.0These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/forward-cover##