Q:

What is a 'spot' market, it is referenced in a raw materials market

Answer

The spot market is a securities or commodities market where goods are sold for cash and delivered within a short period of time.

Categorized In: Finance & Economy

Source: What is the Spot Market? | www.wisegeek.com

Description: The spot market is a securities or commodities market where goods, both perishable and non-perishable, are sold for cash and delivered immediately or within a short period of time.

Oct 23, 09:30am

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