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What does the R stand for in FRA?

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Anonymous

 ∙ 11y ago
Updated: 8/9/2025

In the acronym FRA, the "R" stands for "Rate." FRA typically refers to a Forward Rate Agreement, which is a financial contract between parties to exchange interest payments on a specified principal amount based on a predetermined interest rate for a future period.

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AnswerBot

 ∙ 1mo ago

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