What does spot price mean?
Definitions for spot price
spot price
This dictionary definitions page includes all the possible meanings, example usage and translations of the word spot price.
Princeton's WordNet
spot price, cash pricenoun
the current delivery price of a commodity traded in the spot market
Wiktionary
spot pricenoun
The price at which a physical commodity for immediate delivery is selling at a given time and place.
ChatGPT
spot price
Spot price refers to the current market price at which a particular commodity, security, foreign exchange currency, or other tradable asset can be bought or sold for immediate delivery and settlement. It reflects the fair market value of the asset at a specific point in time based on supply and demand dynamics.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of spot price in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of spot price in Pythagorean Numerology is: 4
Examples of spot price in a Sentence
You cannot just make decisions on fleet renewals or fleet acquisition based on the spot price of oil.
My fear is that if the price - whether it's the spot price or the oil index price - gets too high, that (buyers will) look at other forms of energy to meet their needs and we will have real demand destruction.
As of yesterday, the spot price for gas was down 30 percent from commencement of this case.
Translation
Find a translation for the spot price definition in other languages:
Select another language:
- - Select -
- 简体中文 (Chinese - Simplified)
- 繁體中文 (Chinese - Traditional)
- Español (Spanish)
- Esperanto (Esperanto)
- 日本語 (Japanese)
- Português (Portuguese)
- Deutsch (German)
- العربية (Arabic)
- Français (French)
- Русский (Russian)
- ಕನ್ನಡ (Kannada)
- 한국어 (Korean)
- עברית (Hebrew)
- Gaeilge (Irish)
- Українська (Ukrainian)
- اردو (Urdu)
- Magyar (Hungarian)
- मानक हिन्दी (Hindi)
- Indonesia (Indonesian)
- Italiano (Italian)
- தமிழ் (Tamil)
- Türkçe (Turkish)
- తెలుగు (Telugu)
- ภาษาไทย (Thai)
- Tiếng Việt (Vietnamese)
- Čeština (Czech)
- Polski (Polish)
- Bahasa Indonesia (Indonesian)
- Românește (Romanian)
- Nederlands (Dutch)
- Ελληνικά (Greek)
- Latinum (Latin)
- Svenska (Swedish)
- Dansk (Danish)
- Suomi (Finnish)
- فارسی (Persian)
- ייִדיש (Yiddish)
- հայերեն (Armenian)
- Norsk (Norwegian)
- English (English)
Word of the Day
Would you like us to send you a FREE new word definition delivered to your inbox daily?
Citation
Use the citation below to add this definition to your bibliography:
Style:MLAChicagoAPA
"spot price." Definitions.net. STANDS4 LLC, 2024. Web. 6 Jun 2024. <https://www.definitions.net/definition/spot+price>.
Discuss these spot price definitions with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In