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Ndf or ndfs

• Refers to Non Deliverable Forward (Contracts). Non-Deliverable Forwards do not stipulate a delivery. Rather, they require a cash settlement depending on the outcome. This outcome may be predicated on the initial transaction price and then related to the terminal date or offsetting date price. Non deliverable forward contracts are similar to cash settled futures markets.

 
 Embedded terms in definition
 Cash settlement
Cash
Delivery
Forward contract
Forward
Futures market
Futures
Settlement
 
 Related Terms
 Ndfs

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