- a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market).
Origin of spot market
First recorded in 1935–40
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- commerce a market in which commodities, currencies, or securities are traded for immediate deliveryCompare forward market