The spot market is the market for goods that are to be delivered at a particular location,or "at that spot".

Name: The spot market is the market for goods that are to be delivered at a particular location,or "at that spot".
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The spot market is a public financial market in which financial instruments or commodities are traded for immediate delivery. Delivery is the exchange of cash for the financial instrument or commodity.

The Spot Market Is the Market for Goods That Are