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What Is a Forward Rate Agreement (FRA)? Describe the Elements

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What is a forward rate agreement (FRA)? Describe the elements associated with an FRA.


Definitions:

Attitudes

Pertains to individuals' settled ways of thinking or feeling about something, often reflected in their behavior.

Subjective Norms

Beliefs about what others think one should do, which can influence personal behavior.

Theory of Planned Behavior

A theory which suggests that an individual's behavior is directly influenced by their intention to perform the behavior, which in turn is affected by their attitude towards the behavior, the subjective norms, and their perceived behavioral control.

Motivational Interviewing

A client-centered counseling style for eliciting behavior change by helping clients to explore and resolve ambivalence.

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