spot price

American

noun

the price of spot goods or of commodities on the spot market.

spot price British

noun

the price of goods, currencies, or securities that are offered for immediate delivery and payment

"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

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spot price

As of Wednesday, the spot price of jet fuel was $3.65 a gallon.

From The Wall Street Journal ● Jul. 23, 2026

Coinbase launched a Bitcoin “perpetual-style” future last year with a five-year expiration date designed to keep the future’s price close to the Bitcoin spot price.

From Barron's ● Jun. 8, 2026

Typically, implied volatility and spot price are inversely correlated for a given instrument, according to Kochuba.

From MarketWatch ● May 18, 2026

The cost of crude oil is known as the spot price — the price quoted by traders on the open market.

From Los Angeles Times ● May 7, 2026

Of course, the sales were made at a discount from the spot price, and as time went on this increased.

From The Romance and Tragedy by Russell, William Ingraham

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