Complete Definition of "spot market"

English

Noun
en-noun|sg=spot market

  1. trading 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 terms

on the spot

See also

futures market
commodity

Revision and Credits for"spot market"
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