SPOT COMMODITY is a commodity traded with the expectation that it will actually be delivered to the buyer, as contrasted with to a FUTURES CONTRACT that will usually expire without any physical delivery actually taking place. Spot commodities are traded in the SPOT MARKET.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). spot commodity. Retrieved September 22, 2026, from http://smartdefine.org/spot_commodity/definitions/1163945 |
| Chicago | Barry Goldsmith. 2010. "spot commodity" http://smartdefine.org/spot_commodity/definitions/1163945 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, spot commodity, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/spot_commodity/definitions/1163945>. |
| MLA | Barry Goldsmith. "spot commodity" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/spot_commodity/definitions/1163945> |