Dictionary.com
Thesaurus.com

spot market

American  

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).


spot market British  

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

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.

See Examples For:

Near-term conditions meanwhile “appear more constructive, underpinned by a tightening spot market and ongoing inventory drawdowns across the supply chain,” Macquarie says.

From The Wall Street Journal Aug. 12, 2026

Meanwhile, Europe’s LNG imports have declined as Asian buyers have increasingly turned to the spot market amid supply disruptions in the Persian Gulf, ING analysts say.

From The Wall Street Journal Jul. 8, 2026

The oil giant has focused on signing longer-term deals for its gas so it doesn’t have to sell into the spot market.

From Barron's Jun. 22, 2026

Slower speeds help truckers save hundreds of dollars weekly, but drivers on the spot market work longer hours for the same pay.

From The Wall Street Journal Jun. 2, 2026

The only possible way of making such a contract was by guaranteeing that the spot market should not fall below the price then ruling.

From The Romance and Tragedy by William Ingraham Russell

Vocabulary.com logo
by dictionary.com

Join 12,000,000 vocabulary learners

Start learning new words today on VocabTrainer.
You'll remember them forever.

Start training