Banking Archives - Dictionary of International Trade

A B C D E F G H I K L M N O P R S T U V

Se Si So Sp St Sw

Spot cash

Immediate cash payment in a transaction, as opposed to payment at some future time.

The purchase and sale of foreign exchange for delivery and payment at the time of the transaction.

The price of one currency expressed in terms of another currency at a given moment in time.

The market (or exchange) for a commodity or foreign exchange available for immediate delivery (usually one or two days after the transaction date).

A price quotation for immediate sale and delivery of a commodity or currency.