spot market

American  

noun

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

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spot market British  

noun

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

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Etymology

Origin of spot market

First recorded in 1935–40

Example Sentences

While earnings contributions are long dated, the contract reduces exposure to spot market volatility and carries minimal counterparty risk, he says.

From The Wall Street Journal

“Financial speculators, including Sprott Physical Uranium Trust have intensified its activity in the recent period with substantial fundraising amounts and uranium procurement on the spot market,” Citi says.

From The Wall Street Journal

The impact on global oil prices may be muted, however, because of ample supplies in non-sanctioned spot markets, said Neil Crosby of Sparta Commodities.

From The Wall Street Journal

Repsol, along with BP and Shell, accused Venture Global of delaying commercial operations to sell gas at higher spot market prices.

From Barron's

Repsol, along with BP and Shell, accused Venture Global of delaying commercial operations to sell gas at higher spot market prices.

From Barron's