English Dictionary

SPOT PRICE

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IPA (US): 

 Dictionary entry overview: What does spot price mean? 

SPOT PRICE (noun)
  The noun SPOT PRICE has 1 sense:

1. the current delivery price of a commodity traded in the spot marketplay

  Familiarity information: SPOT PRICE used as a noun is very rare.


 Dictionary entry details 


SPOT PRICE (noun)


Sense 1

Meaning:

The current delivery price of a commodity traded in the spot market

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

cash price; spot price

Hypernyms ("spot price" is a kind of...):

damage; price; terms (the amount of money needed to purchase something)


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