from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun The market price of a commodity.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun trading, economics, finance The
priceat which a physical commodityfor immediate deliveryis selling at a given timeand place.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun the current delivery price of a commodity traded in the spot market
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