spot market

/spɑt ˌmɑrkət/
IPA guide

Other forms: spot markets

Definitions of spot market
  1. noun
    a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
    see moresee less
    type of:
    commodities exchange, commodities market, commodity exchange
    an exchange for buying and selling commodities for future delivery
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