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spot delivery

 
 
noun [C or U]

Definition

(also nearby delivery) FINANCE a situation in which commodities are sold to be given to the buyer immediately, rather than being sold forward (= to be taken by the buyer on a future date)
COMMERCE a situation in which a product such as a car is paid for and taken by the customer immediately, rather than in the future: Spot delivery benefits the dealer because the customer has no time to reconsider or change his mind.
(Definition of spot delivery noun from the Cambridge Business English Dictionary © Cambridge University Press)

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