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Meaning of spot market | Babel Free

Noun CEFR B2

Definitions

A market in which commodities are bought and sold for immediate delivery, with delivery usually taking place in the same or next business day.

Equivalents

Español mercado al contado

Suomi spot-markkinat

Nederlands spotmarkt

Examples

“The price on the futures market depends in part on the price on the spot market.”

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

spot of bother spot on spot prawn spot price spot prize spot reduction