Spot deals investopedia, breaking down 'spot date'
Dictionary Term Of The Day. Through derivatives, buyers and sellers can partially mitigate the risk posed by constantly fluctuating spot prices.
A bank account held in a foreign country by a domestic bank, denominated in the currency of that country. A spot trade is the purchase or sale of a foreign currencyfinancial instrument, or commodity for immediate delivery.
Crude oil is a good example.
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