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Spot market   /spɑt mˈɑrkət/   Listen
Spot market

noun
1.
A market in which a commodity is bought or sold for immediate delivery or delivery in the very near future.





WordNet 3.0 © 2010 Princeton University


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"Spot market" Quotes from Famous Books



... of making such a contract was by guaranteeing that the spot market should not fall below the price then ruling. This meant that every day the syndicate must bid (pounds)167 per ton for all the spot stuff the market would sell—but, it stopped buying futures. As fast as the stuff could be brought to market it had to take it, but ...
— The Romance and Tragedy • William Ingraham Russell


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