spot price (also cash price) noun [C]

(Finance )

the price of sth that is available to be delivered immediately, especially an amount of a raw material, an agricultural product, etc. (a commodity):

The spot price of gold rose to $408 an ounce.

⇨ FORWARD PRICE

• purchaser
• purchase requisition
• purchasing
• purchasing officer
• purchasing power
• purchasing power parity
• pure monopoly
• pure play
• pure profit
• purse
• pursuant
• pursue
• purveyor
• push
• push strategy
• push system
• put
• put option
• PV
• p.w.
• pyramid
• pyramid selling
• QA
• QC
• QFD