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spot price
noun
- the price of spot goods or of commodities on the spot market.
spot price
noun
- the price of goods, currencies, or securities that are offered for immediate delivery and payment
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Example Sentences
The notional value is the trading volume multiplied by the spot price.
From Quartz
The spot price of natural gas soared to 70-times what it would normally be in Minnesota, and gas utilities paid a hefty premium when they used the daily market to match demand.
From Ars Technica
The spot price of gas jumped 30-fold as far west as Southern California.
From Washington Post
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