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Spot price
(redirected from Spot exchange rate)

   Also found in: Medical, Wikipedia, Hutchinson 0.06 sec.
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. Antithesis of futures price.

spot price

Spot price. The spot, or cash, price is the price of commodities and foreign currencies that are being sold for immediate delivery with payment in cash.



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