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 price at which a physical commodity for immediate delivery is selling at a given time and 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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