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spot price

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spot price

 
Use spot price in a Sentence
–noun
the price of spot goods or of commodities on the spot market.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Forex.com™
Free $50,000 Practice Account With Real Time Charts, News & Research
www.Forex.com
Precious Metals Investing
Leading Bullion Dealer in U.S.A. Live Price Quotes & 10-Year Charts
www.Monex.com/How-To-Trade
spot price  
n.  The market price of a commodity.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Spot Price

The current price at which a particular commodity can be bought or sold at a specified time and place.

Investopedia Commentary

In other words, the price that is quoted if you want to buy any commodity today.

See also: Commodity, Forward Rate, Spot Commodity, Spot Market, Spot Month, Spot Trade

Also spelled: Spot Rate

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

spot price

See cash price.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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