spot market

EnglishEdit

NounEdit

spot market (plural spot markets)

  1. (trading, economics, finance) A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day.
    The price on the futures market depends in part on the price on the spot market.

Related termsEdit

See alsoEdit

Last modified on 19 June 2013, at 19:39