Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Spot Price

Updated on 2023-08-29T11:56:57.271421Z

Spot Price is the current market price at which an asset, currency or commodity is sold or purchased on the exchanges. The price of a futures contract is generally referenced to spot price, as any stock is purchased or sold at the quoted price and then it is exchanged for cash.