What does spot market mean?
Definitions for spot market
spot mar·ket
This dictionary definitions page includes all the possible meanings, example usage and translations of the word spot market.
Princeton's WordNet
spot marketnoun
a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
Wiktionary
spot marketnoun
A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day.
Wikipedia
Spot market
The spot market or cash market is a public financial market in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market, in which delivery is due at a later date. In a spot market, settlement normally happens in T+2 working days, i.e., delivery of cash and commodity must be done after two working days of the trade date. A spot market can be through an exchange or over-the-counter (OTC). Spot markets can operate wherever the infrastructure exists to conduct the transaction.
ChatGPT
spot market
A spot market is a public financial market in which financial instruments or commodities are traded for immediate delivery and payment. The price for the assets being traded is determined by supply and demand and is called the spot price. It's essentially a market where buying and selling take place on the spot, as opposed to future transactions. Transactions in the spot market are generally settled in cash.
Wikidata
Spot market
The spot market or cash market is a public financial market, in which financial instruments or commodities are traded for immediate delivery. It contrasts with a futures market in which delivery is due at a later date. A spot market can be: ⁕an organized market ⁕an exchange or ⁕Over-the-counter Spot markets can operate wherever the infrastructure exists to conduct the transaction. The spot market for most instruments exists primarily on the Internet.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of spot market in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of spot market in Pythagorean Numerology is: 3
Examples of spot market in a Sentence
If, for example, it were very cold in winter in South Korea, we could resell the cargoes on the spot market.
We are seeing record high rates, particularly on the spot market.
If Gazprom wants to book additional volume, there is plenty available, the ones buying gas from the spot market are facing challenges as the current gas price is at a record high.
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"spot market." Definitions.net. STANDS4 LLC, 2024. Web. 19 Apr. 2024. <https://www.definitions.net/definition/spot+market>.
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