spot market


noun
  1. 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

1
First recorded in 1935–40

Words Nearby spot market

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use spot market in a sentence

British Dictionary definitions for spot market

spot market

noun
  1. commerce a market in which commodities, currencies, or securities are traded for immediate delivery: Compare forward market

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012