nounthe current delivery price of a commodity traded in the spot market• Syn: ↑cash price
* * *noun
* * *the price of spot goods or of commodities on the spot market.
* * *the price at which a particular product can be bought or sold at a specific time and place
Useful english dictionary. 2012.
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spot price — spot ,price noun count BUSINESS the price at which a particular product can be bought or sold at a specific time and place … Usage of the words and phrases in modern English
Spot price — The spot price or spot rate of a commodity, a security or a currency is the price that is quoted for immediate (spot) settlement (payment and delivery). Spot settlement is normally one or two business days from trade date. This is in contrast… … Wikipedia
spot price — The price available in the spot market. American Banker Glossary The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash… … Financial and business terms
Spot price — The current marketprice of the actual physical commodity. Also called cash price. The New York Times Financial Glossary * * * spot price spot price ➔ price1 * * * spot price UK US noun [C] FINANCE ► the price of a product that is being sold in a… … Financial and business terms
Spot Price — The current price at which a particular security can be bought or sold at a specified time and place. A security s spot price is regarded as the explicit value of the security at any given time in the marketplace. In contrast, a securities… … Investment dictionary
spot price — UK / US noun [countable] Word forms spot price : singular spot price plural spot prices business the price at which a particular product can be bought or sold at a specific time and place … English dictionary
spot price — / spɒt praɪs/, spot rate / spɒt reɪt/ noun a current price or rate for something which is delivered immediately (also called ‘cash price’) ▪▪▪ ‘…the average spot price of Nigerian light crude oil for the month of July was 27.21 dollars per… … Dictionary of banking and finance
spot price — the price of spot goods or of commodities on the spot market. * * * … Universalium
Spot price — The price for a one time open market transaction for near term delivery of a specific quantity of product at a specific location where the commodity is purchased at current market rates. See also spot market terms associated with specific… … Energy terms
spot price — /ˈspɒt praɪs / (say spot pruys) noun (in commodities trading) the price agreed on for immediate delivery of the commodity … Australian English dictionary