spot market

Definition from Wiktionary, a free dictionary

Contents 1 English 1.1 Noun 1.1.1 Related terms 1.2 See also

[edit] English

[edit] Noun

spot market (plural spot markets)

1. (trading, economics, finance) A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day.

   The price on the futures market depends in part on the price on the spot market.

[edit] Related terms

• on the spot

[edit] See also

• futures market
• commodity