cash price(redirected from Present Price)
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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
A price quotation in a cash market. In securities trading, a cash price distinguishes a transaction as being other than a regular five-day delivery, a difference that may be sought for tax or dividend reasons. In commodities trading, a cash price implies immediate or nearly immediate delivery as opposed to settlement in a specified future month. Also called spot price.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.