spot market

spot market
a market in which commodities, as grain, gold, or crude oil, are dealt in for cash and immediate delivery (distinguished from futures market).
[1935-40]

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Universalium. 2010.

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  • spot market — n. the open market where deals are made on the spot. (Securities markets.) □ Oil reached nearly twenty five dollars a barrel on the spot market. □ Gold prices on the spot market finally reached $600 per ounce and then promptly collapsed …   Dictionary of American slang and colloquial expressions

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  • spot market — /ˈspɒt makət/ (say spot mahkuht) noun a market, especially the foreign exchange market, in which settlement is immediate. Also, cash market, physical market …  

  • spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] …   Marketing dictionary in english

  • spot market — / spɒt ˌmɑ:kɪt/ noun the market for buying oil for immediate delivery ▪▪▪ ‘…with most of the world’s oil now traded on spot markets, Opec’s official prices are much less significant than they once were’ [Economist] …   Dictionary of banking and finance

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