spot market

American

noun

a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (futures market ).

spot market British

noun

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

Etymology

Origin of spot market

First recorded in 1935–40

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Venture Global instead sold the gas from the terminal on the lucrative spot market that year after Russia’s invasion of Ukraine and subsequent sanctions on Russian energy sent prices soaring.

From Barron's

“Retail investors are not buying the dip, as suggested by the average order size in the bitcoin spot market.”

From MarketWatch

Bessent said on X that the US Treasury had bought pesos Thursday "in the 'Blue Chip Swap' and spot markets," without stating the value of the transactions.

From Barron's

Other fixes include moving to what’s called spot market pricing, with the price fluctuating in an open market.

From Seattle Times

The regulator has in recent years rejected dozens of applications for spot bitcoin ETFs, citing inadequate levels of trading surveillance that could leave the underlying spot market subject to fraud and manipulation.

From Reuters

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023