Spot price

(redirected from Spot rates)
Also found in: Dictionary, Thesaurus, Medical.
Related to Spot rates: Spot interest rate

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.

Cash Price

On an exchange, the price of a security or commodity at the present moment. If one buys or sells a security or commodity, one pays the cash price. The cash price contrasts with the futures price. It is also called the current price and the spot price. See also: Spot rate.

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.

References in periodicals archive ?
In an efficient market forward exchange rate is the sum of the expected future spot rates plus the risk premium (Byers, Peel, 1991).
The parties were agreed that if we concluded the judge had erred about spot rate, then the case would have to be remitted for a retrial about that.
987 gain or loss is the difference between the basis of the remittance and the remittance translated into the taxpayer's functional currency at the spot rate on the transfer date.
For example, the 2006 proposed regulations allow taxpayers to use spot rate conventions that reasonably approximate the spot rate on a particular day, and generally, determine taxable income and loss by reference to the average exchanges rate for the year.
The main benefit to the company here is that, if the spot rate moves in its favour, the company would allow the option to lapse at any rate below $1.
The regression results in Appendix B provide additional details on our finding that changes in forward rates affect spot rates faster toward the end of the decade.
This resulted in the creation of the WM/Reuters Closing Spot Rates which MSCI will be using effective Dec.
For the purpose of this study however we concentrate only on those variables involved in interest rate parity theory, such as forward rates, spot rates, domestic and foreign interest rates.
10) The mandatory "flipping" in and out of DASTM (coupled with the use of the spot rate under Treas.
volumes are for the previous session) Interbank yen-dollar spot rates on the Tokyo foreign exchange market Monday up until 5 p.
However, spot rates of Karachi Cotton Association (KCA) have surged by Rs 300 per maund during the week to close at Rs 7,300 per maund, he added.