spot price(redirected from Spot rate)
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The market price of a commodity.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
(Commerce) the price of goods, currencies, or securities that are offered for immediate delivery and payment. Also called: cash price
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
The price for a physical commodity to be delivered immediately as opposed to at some time in the future as is the case with futures trading.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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|Noun||1.||spot price - the current delivery price of a commodity traded in the spot market|
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