What does spot contract mean?
Definitions for spot contract
spot con·tract
This dictionary definitions page includes all the possible meanings, example usage and translations of the word spot contract.
Wikipedia
Spot contract
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate). A spot contract is in contrast with a forward contract or futures contract where contract terms are agreed now but delivery and payment will occur at a future date.
Wikidata
Spot contract
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for settlement on the spot date, which is normally two business days after the trade date. The settlement price is called spot price. A spot contract is in contrast with a forward contract or futures contract where contract terms are agreed now but delivery and payment will occur at a future date.
Numerology
Chaldean Numerology
The numerical value of spot contract in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of spot contract in Pythagorean Numerology is: 2
Translations for spot contract
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"spot contract." Definitions.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.definitions.net/definition/spot+contract>.
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