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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Spot price  

Definition 1.

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 immediately. Antithesis of futures price.
 

Definition 2.

The present delivery price of a given commodity being traded on the spot market. also called cash price.
 

Definition 3.

The current price at which a particular commodity can be bought or sold at a specified time and place.
 
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