Forward interest rate - Financial definition Financial acronyms The entire acronym collection of this site is now also available offline with this new app for iPhone and iPad. Tags: financial mathematics time value of money Concise definition of the term forward interest rate The rate of interest calculated today for a transaction in the future. Additional information related to this definition Definition of related term Interest rate Browse the financial glossary in alpabetical order # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z