The conventional future day upon which a Transaction done for immediate delivery settles. In the forex market, the conventional date for trades done value spot is usually two business days from the transaction date, except for USD/CAD, which instead settles in just one Business Day. also called spot value.
Browse by Subjects
See All Related Terms »
general obligation bond
benefit in kind
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):