Definition of Spot commodity

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TeachMeFinance.com - explain Spot commodity



Spot commodity

The term 'Spot commodity ' as it applies to the area of agriculture can be defined as ' The actual commodity as distinguished from a futures contract. Sometimes used to refer to cash commodities available for immediate delivery'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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