Spot Market

Business / Taxes / Spot Market: Commodities and foreign currencies are traded for immediate delivery and payment on the spot market, also known as a cash market. The term refers to the fact that the current market price is paid in cash on the spot, or within a short period of time. A cash sale, whether arranged in person, over the telephone, or electronically, is the opposite of a forward contract, where delivery and settlement are set for a date in the future. The same is true for a futures contract, which is an agreement to trade a commodity today for a set price at delivery on a specific date in the future.

Other Words for Market

Market Verb Synonyms: market-place, exchange, Stock Exchange
Market Adjective Synonyms: shop, store, bazaar, supermarket, superstore
Market Noun Synonyms: demand, customer base, call
MORE

Other Words for Spot

Spot Adjective Synonyms: site, place, locale, location, locality, scene, setting, section, area, neighborhood, quarter
Spot Noun Synonyms: morsel, bit, bite, smidgen or smidgin
Spot Verb Synonyms: mark, patch, speck, blot, blotch, blemish, speckle, fleck, particle, mote, macula, smudge, stain, stigma, discoloration, splodge or also splotch
MORE

Spot Rate

Business / Finance / Spot Rate: 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 and delivered immed MORE

Cash Market

Business / Agriculture / Cash Market: The market for the cash commodity (as contrasted to a futures contract), taking the form of - (1) an organized, self-regulated central market (e.g., a commodity exchange): (2) a decentralized over-the MORE

Money Market Notes

Business / Finance / Money Market Notes: Publicly traded issues that may be collateralized by mortgages and mortgage backed securities (MBS). MORE

Links
Home
Glossary
Thesaurus