Spot price

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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. Antithesis of futures price.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.

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.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
It seems that the Cotton Rate Committee of KCA has finally realised this and started efforts to bring the official spot rates close to the market rate on which cotton deals are exchanged, observed a broker.
It was realised that the spot rates should be realistic and close to the market rates as they are quoted all over the world for Pakistani cotton and also taken as reference rate in case of claims and litigations.
KARACHI -- Karachi Cotton Association (KCA) on Tuesday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16' Micronaire value between 3.8 and 4.9 NCL.
KARACHI -- Karachi Cotton Association (KCA) on Monday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16' Micronaire value between 3.8 and 4.9 NCL.
KARACHI -- The Karachi Cotton Association (KCA) on Wednesday announced the following KCA Spot Rates for local