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Glossary   >   S   >   "Spot price" Definition            Spot price 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. Cash price. Antithesis of futures price. The current price at which a particular commodity can be bought or sold at a specified time and place. The price for a currency, index, commodity or share for immediate settlement or delivery (as opposed to a futures price). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Spot price - 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. Cash price. Antithesis of futures price.

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

The price for a currency, index, commodity or share for immediate settlement or delivery (as opposed to a futures price).