spot
A Transaction in a currency pair or commodity intended for immediate delivery, rather than future delivery. Most outright forex deals are spot transactions that deliver in two business days for all of the major currencies, except for USD/CAD that delivers in one Business Day.
Browse by Subjects
Physical Commodity
Forward points
precious metals
exchange rate risk
offsetting transaction
See All Related Terms »

position audit
perpetuity
market economist
Index swap
locked limit down