spot-market

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 ).

Origin:
1935–40

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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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


  1. 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 Education.
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