What is the meaning of Forward interest rate?

Interest rate fixed today on a loan to be made at some future date.

Barry Goldsmith
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APABarry Goldsmith. (2010). forward interest rate. Retrieved September 24, 2026, from http://smartdefine.org/forward_interest_rate/definitions/1154462
ChicagoBarry Goldsmith. 2010. "forward interest rate" http://smartdefine.org/forward_interest_rate/definitions/1154462 (accessed September 24, 2026).
HarvardBarry Goldsmith 2010, forward interest rate, Smart Define, viewed 24 September, 2026, <http://smartdefine.org/forward_interest_rate/definitions/1154462>.
MLABarry Goldsmith. "forward interest rate" 21 October 2010. Web. 24 September 2026. <http://smartdefine.org/forward_interest_rate/definitions/1154462>