spot market
Word Rarity
Uncommon
Frequency: Zipf frequency 4.74 in modern English
18
Scrabble Score
10
Letters
3
Syllables
9
Unique Chars
Meaning
noun
A market in which commodities are bought and sold for immediate delivery, with delivery usually taking place in the same or next business day.
Example Sentences
- "The price on the futures market depends in part on the price on the spot market."