Definition of Spot market (uranium)

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TeachMeFinance.com - explain Spot market (uranium)



Spot market (uranium) -- Buying and selling of uranium for immediate or very near-term delivery. It typically involves transactions for delivery of up to 500,000 pounds U3O8 within a year of contract execution.




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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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