Spot rate: Difference between revisions

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Noun. <br>
{{def|Spot rate|/spɒt reɪt/|n|}}
1. The [[mark to market]] value on a [[business day]] of a Jack Russell terrier. <br>
1. The [[mark to market]] value on a [[business day]] of a Jack Russell terrier. <br>
2. The quoted price for immediate settlement of a [[commodity]], [[security]] or [[currency]] based on the value of the assert in question at the moment of the quote. <br>
2. The quoted price for immediate settlement of a [[commodity]], [[security]] or [[currency]] based on its value when the quote is given. <br>


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Latest revision as of 15:33, 29 November 2020

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Spot rate /spɒt reɪt/ (n.)
1. The mark to market value on a business day of a Jack Russell terrier.
2. The quoted price for immediate settlement of a commodity, security or currency based on its value when the quote is given.