What is the meaning of Spot contract?

Spot contract is a contract to buy or sell one currency to another currency for settlement two business days after the trade was made.

Barry Goldsmith
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APABarry Goldsmith. (2010). spot contract. Retrieved September 20, 2026, from http://smartdefine.org/spot_contract/definitions/1163946
ChicagoBarry Goldsmith. 2010. "spot contract" http://smartdefine.org/spot_contract/definitions/1163946 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, spot contract, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/spot_contract/definitions/1163946>.
MLABarry Goldsmith. "spot contract" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/spot_contract/definitions/1163946>