spot price - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “spot price”

spot price

noun [C]
 
 
FINANCE
the price of a product that is being sold in a spot market: Massive current supply puts the spot price below the futures price. The spot price for copper was about 84 cents a pound. →  See also cash price →  Compare forward price , futures
(Definition of spot price from the Cambridge Business English Dictionary © Cambridge University Press)
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