What does NDF mean in USPS?

This page is about the meanings of the acronym/abbreviation/shorthand NDF in the Miscellaneous field in general and in the USPS terminology in particular.

Non-Deliverable Forward

Miscellaneous » USPS

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Definition

What does NDF mean?

Non-deliverable forward
In finance, a non-deliverable forward is an outright forward or futures contract in which counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. It is used in various markets such as foreign exchange and commodities. NDFs are prevalent in some countries where forward FX trading has been banned by the government.

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"NDF." Abbreviations.com. STANDS4 LLC, 2014. Web. 21 Dec. 2014. <http://www.abbreviations.com/term/242697>.


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