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Definition of Spot price
1. Noun. The current delivery price of a commodity traded in the spot market.
Definition of Spot price
1. Noun. (trading economics finance) The price at which a physical commodity for immediate delivery is selling at a given time and place. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Spot Price
Literary usage of Spot price
Below you will find example usage of this term as found in modern and/or classical literature:
1. Oecd Economic Surveys by OECD Economic Surveys (2005)
"The spot price always equals the opportunity cost and changes hourly. Dispatch is
mandatory whenever the plant is available and CDEC commands it to start ..."
2. Energy Policies Of IEA Countries: 2006 Review by International Energy Agency, SourceOECD (Online service) (2006)
"It is just as easy to create a low-volatility index from the gas spot price as
it is from the oil products spot price currently used in the IEA Europe and ..."
3. Appletons' Annual Cyclopædia and Register of Important Events of the Year (1899)
"... (much of it from other provinces) was in 1898 as follows: Quantity, 1900000
boxes; cost price per box. $0.45 : spot price per box, $6.60 ; cost value, ..."
4. Report of the Commissioner of Corporations on Cotton Exchanges by United States Bureau of Corporations, Herbert Knox Smith (1908)
"During this period the spot price at New York did not decline, but advanced ...
The spot price at Galveston in the meantime advanced from 10.50 to 10.69, ..."
5. Organised Produce Markets by John George Smith (1922)
"The prices of futures in the range increase at first, and afterwards diminish,
the highest price reached being less than the spot price. ..."
6. The OECD Report on Regulatory Reform by Joanna R. Shelton (1997)
"1n another example of longer-term cost shifts, the spot price for electricity in
Norway rose dramatically after a cold, dry winter left the lakes of this 99 ..."
7. The OECD Report on Regulatory Reform by Joanna R. Shelton (1997)
"In another example of longer-term cost shifts, the spot price for electricity in
Norway rose dramatically after a cold, dry winter left the lakes of this 99 ..."
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