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spot market

noun

a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market).

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Origin:
1935–40

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Spot market is always a great word to know.

So is ort. Does it mean:

a scrap or morsel of food left at a meal.

an arrangement of five objects, as trees, in a square or rectangle, one at each corner and one in the middle.

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Collins

World English Dictionary

spot market

—n
	commerce Compare forward market a market in which commodities, currencies, or securities are traded for immediate delivery

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Slang Dictionary

spot market definition

n.
the open market where deals are made on the spot. (Securities markets.) : Oil reached nearly fifty-five dollars a barrel on the spot market.

Dictionary of American Slang and Colloquial Expressions by Richard A. Spears.Fourth Edition.
Copyright 2007. Published by McGraw Hill.
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-Vladimir Nabokov

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