spot market
English
Noun
spot market (plural spot markets)
- (trading, economics, finance) A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day.
- The price on the futures market depends in part on the price on the spot market.
Related terms
- on the spot
Translations
market
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See also
- futures market
- commodity
Anagrams
- postmarket