spot delivery

The transfer of financial instruments or commodities upon purchase. American Banker Glossary

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spot delivery spot delivery delivery

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spot delivery UK US noun [C or U]
(also nearby delivery) FINANCE a situation in which commodities are sold to be given to the buyer immediately, rather than being sold forward (= to be taken by the buyer on a future date)
COMMERCE a situation in which a product such as a car is paid for and taken by the customer immediately, rather than in the future: »

Spot delivery benefits the dealer because the customer has no time to reconsider or change his mind.


Financial and business terms. 2012.

Look at other dictionaries:

  • Spot Delivery Month — Used in commodity trading, this is the nearest of the months currently being traded in which a commodity could be delivered. For example, in the end of October, the spot delivery month would be November …   Investment dictionary

  • Delivery — The tender and receipt of an actual commodity or financial instrument in settlement of a futures contract. The New York Times Financial Glossary * * * delivery de‧liv‧er‧y [dɪˈlɪvri] noun deliveries PLURALFORM 1. [countable, uncountable] the act …   Financial and business terms

  • delivery — The transfer of the cash commodity from the seller of a futures contract to the buyer of a futures contract. Each futures exchange has specific procedures for delivery of a cash commodity. Some futures contracts, such as stock index contracts,… …   Financial and business terms

  • Spot-future parity — (or spot futures parity) is a parity condition that should theoretically hold, or opportunities for arbitrage exist. Spot future parity is an application of the law of one price. In plain English, if I can purchase a good today for price S and… …   Wikipedia

  • Spot — (sp[o^]t), n. [Cf. Scot. & D. spat, Dan. spette, Sw. spott spittle, slaver; from the root of E. spit. See {Spit} to eject from the mouth, and cf. {Spatter}.] 1. A mark on a substance or body made by foreign matter; a blot; a place discolored.… …   The Collaborative International Dictionary of English

  • Spot lens — Spot Spot (sp[o^]t), n. [Cf. Scot. & D. spat, Dan. spette, Sw. spott spittle, slaver; from the root of E. spit. See {Spit} to eject from the mouth, and cf. {Spatter}.] 1. A mark on a substance or body made by foreign matter; a blot; a place… …   The Collaborative International Dictionary of English

  • Spot rump — Spot Spot (sp[o^]t), n. [Cf. Scot. & D. spat, Dan. spette, Sw. spott spittle, slaver; from the root of E. spit. See {Spit} to eject from the mouth, and cf. {Spatter}.] 1. A mark on a substance or body made by foreign matter; a blot; a place… …   The Collaborative International Dictionary of English

  • Spot — (sp[o^]t), a. Lit., being on the spot, or place; hence (Com.), on hand for immediate delivery after sale; said of commodities; as, spot wheat. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

  • Spot Cotton — Cotton which is on the spot ready for inspection, purchase and delivery. The samples or redraws from the actual bales are available for inspection, and the price is fixed on the spot …   Dictionary of the English textile terms

  • Spot cash — (Com.) Cash paid or ready for payment at once upon delivery of property purchased. [Webster 1913 Suppl.] …   The Collaborative International Dictionary of English

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