spot market


noun

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

Nearby words

  1. spot announcement,
  2. spot card,
  3. spot check,
  4. spot height,
  5. spot line,
  6. spot meter,
  7. spot news,
  8. spot pass,
  9. spot plate,
  10. spot price

Origin of spot market

First recorded in 1935–40

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for spot market

spot market

noun

commerce a market in which commodities, currencies, or securities are traded for immediate deliveryCompare 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