### Question
How is the "forward contract" defined?


### Answer
The term **forward contract** is defined in *12 U.S.C. § 1821* as follows -

> given to such term in section 101 of title 11.

#### Citation:
  - *12 U.S.C. § 1821*
  - Heading: **CHAPTER 15-FEDERAL LOAN AGENCY**

