Definitions for "FORWARD PRICING"
The means of determination of purchase or redemption prices after receipt of a mutual fund order from a customer.
The SEC requirement that open-end investment companies set their share price based on net asset value and base all incoming buy and sell orders on the immediately subsequent net asset value.
Requirement of the Securities and Exchange Commission that a mutual fund base its share price on the next net asset value of the securities in the fund's portfolio. For example, if you place a mutual fund order today (and the market is open today), your share price will be based on today's closing net asset value.
Keywords:  fra, agreement, rate
Forward rate Forward rate agreement (FRA)