Spot price

Spot price
  The price for a one-time open market transaction for near-term delivery of a specific quantity of product at a specific location where the commodity is purchased at current market rates. See also spot market terms associated with specific energy types.
  U.S. Dept. of Energy, Energy Information Administration's Energy Glossary

Energy terms . 2014.

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  • spot price — spot ,price noun count BUSINESS the price at which a particular product can be bought or sold at a specific time and place …   Usage of the words and phrases in modern English

  • Spot price — The spot price or spot rate of a commodity, a security or a currency is the price that is quoted for immediate (spot) settlement (payment and delivery). Spot settlement is normally one or two business days from trade date. This is in contrast… …   Wikipedia

  • spot price — The price available in the spot market. American Banker Glossary The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash… …   Financial and business terms

  • Spot price — The current marketprice of the actual physical commodity. Also called cash price. The New York Times Financial Glossary * * * spot price spot price ➔ price1 * * * spot price UK US noun [C] FINANCE ► the price of a product that is being sold in a… …   Financial and business terms

  • spot price — noun the current delivery price of a commodity traded in the spot market • Syn: ↑cash price • Hypernyms: ↑price, ↑terms, ↑damage * * * noun : the price of spot goods contrasted with …   Useful english dictionary

  • Spot Price — The current price at which a particular security can be bought or sold at a specified time and place. A security s spot price is regarded as the explicit value of the security at any given time in the marketplace. In contrast, a securities… …   Investment dictionary

  • spot price — UK / US noun [countable] Word forms spot price : singular spot price plural spot prices business the price at which a particular product can be bought or sold at a specific time and place …   English dictionary

  • spot price — / spɒt praɪs/, spot rate / spɒt reɪt/ noun a current price or rate for something which is delivered immediately (also called ‘cash price’) ▪▪▪ ‘…the average spot price of Nigerian light crude oil for the month of July was 27.21 dollars per… …   Dictionary of banking and finance

  • spot price — the price of spot goods or of commodities on the spot market. * * * …   Universalium

  • spot price — /ˈspɒt praɪs / (say spot pruys) noun (in commodities trading) the price agreed on for immediate delivery of the commodity …  

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