spot price
the price of spot goods or of commodities on the spot market.
Words Nearby spot price
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use spot price in a sentence
The notional value is the trading volume multiplied by the spot price.
The spot price of natural gas soared to 70-times what it would normally be in Minnesota, and gas utilities paid a hefty premium when they used the daily market to match demand.
Minnesotans furious that they have to pay for Texas’ deep-freeze problems | Tim De Chant | April 23, 2021 | Ars TechnicaThe spot price of gas jumped 30-fold as far west as Southern California.
Minnesota gasps at the financial damage it faces from the Texas freeze | Will Englund | April 22, 2021 | Washington Post
British Dictionary definitions for spot price
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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