The process of selling natural gas production into a market other than the traditional market of a pipeline company. These arrangements are often only thirty (30) days in length, but will have an evergreen provision - that is, they continue in force and effect until specifically terminated by either party. Arrangements are re-confirmed monthly via new letter agreements.

A market whose trades deliver and settle immediately (normally two working days ahead). Also known as cash market.

The buying and selling of uranium products for delivery within one year.

A market in which commodities, such as grain, gold, crude oil, or RAM chips, are bought and sold for cash and delivered immediately. also called cash market. see also futures market.

Commercial advertising time either available for sale or purchase from local TV stations. There are two major types of spot advertising: (1)- Local Spot - Advertising bought on one station in one market. (2)- National Spot - Advertising bought by national advertisers in several markets of their own selection.

The popular name for the New Zealand Electricity Market, where electricity is bought and sold in half-hourly intervals.

The cash market in which commodities, securities or currencies are to be delivered within a few days (unlike the futures or forward market, where instruments are delivered at a future date).

The market for immediate chartering of a ship, usually for single voyages.

The market for immediate chartering of a vessel. Short term contracts, normally not longer than three months in duration.

the market pertaining to a here and now point in time

Market for balancing short-term imbalances in power supply resp. power marketing by material contracts (see Spot contracts) or for balancing Futures Market positions.

A market of immediate delivery of product and immediate payment.

a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future

a contract for immediate delivery at prevailing prices

a necessary component of the overall electricity market

A market for unplanned purchases not made under contract terms. Transactions usually made on a one-time basis. Related terms: spot buy, spot demand.

The market for "immediate" delivery of a currency at a rate set now, the spot rate. "Immediate" usually refers to two business days between order and delivery and settlement.

A commodity market for the purchase and sale of electric energy for a short-term basis (often one day or less.)

A market option that offers short-term contracts for set amounts of natural gas or electricity..

This is the market administered by the IESO where electricity is traded.

Commodities and foreign currencies are traded for immediate delivery and payment on the spot market, also known as a cash market. The term refers to the fact that the full cash price is paid "on the spot," or within a short period of time. A cash sale, whether arranged in person, over the telephone, or electronically, is the opposite of a forward contract, where delivery and settlement are set for a date in the future, or a futures contract, which is an agreement to trade a commodity for a set price on a specific date in the future.

Short term, non-regulated, arms length contract sales of natural gas, crude oil, refined products, or liquid petroleum gas. Spud Date - Date that drilling begins.

A market in which trades are made for immediate delivery (within two business days for most spot currencies).

The immediate market where delivery obligations usually occur no more that 2 days after the transaction.

A market in which goods or securities are traded for immediate delivery. The spot price is, therefore, the price for immediate delivery.

An international market in which oil or oil products are traded for immediate delivery at the current price.

A wholesale market for commodities, such as electricity or crude oil, which allows matching of supply against demand.

The market in the underlying financial instrument (shares, indices, commodities, etc.) on which a futures or options contract is based. Also known as a cash market.

Market for buying and selling commodities or financial instruments for immediate delivery and payment based on the settlement conventions of the particular market.

a market in which delivery and payment have to be made within two working days of the transaction date.

A generic reference to short-term purchases and sales of natural gas. A product of deregulation, the spot market is a method of contract purchasing whereby commitments by the buyer and seller are of a short duration at a single volume price. The duration of these contracts is typically less than a month, and the complexity of the contracts is significantly less than their traditional market counterparts.

in the energy sector, the spot market is the physical/cash crude, refined product, gas or electricity market. The market for immediate delivery rather than future delivery.

Market where people buy and sell actual financial instruments (currencies) for two-day delivery.

The international market on which oil and associated commodities are traded for immediate delivery at the specified current price.

With respect to commodities such as oil, a term used to describe the international trade in one-off cargoes or shipments, in which prices closely follow demand and availability.

The market for a commodity or foreign exchange available for immediate delivery.

The sector of the chartering market in which a vessel is chartered for individual voyages as opposed to long-term charters.

A market of immediate delivery of and payment for the product, in this case, currency.

A market in which commodities are bought and sold for cash and immediate delivery.

A market characterized by short-term, interruptible (or best efforts) contracts for specified volumes of gas; participants may be any of the elements of the gas industry producer, transporter, distributor, customer, brokers and marketers

Where commodities are bought and sold for cash, in exchange for the immediate delivery of goods. Also called the cash market.

An open market of buyers and sellers bidding freely for available supplies of a commodity. In the natural gas market, this generally represents excess deliverability available on a short-term contract basis (usually less than a year) subject to price negotiation.

The part of the market calling for spot settlement of transactions. The precise meaning of 'spot' will depend on local custom for a commodity, security or currency. In the UK, US and Australian foreign-exchange markets, 'spot' means delivery two working days hence.

a market in which commodities are purchased or sold and delivered quickly, that is, on the spot.

market for the immediate or prompt delivery of product

A market for vessels that are not employed on time charter or contract of affreightment. Spot contracts are short term contracts, normally no more than three months.

See Cash Market.

Refer to Real-Time Market

the sale of individual shipments of crude oil priced at the international market rate at the time of sale.

Refers to the market for immediate delivery. Spot market deliveries generally are required by the same or the next business day and are generally over-the-counter.

The buying and selling of wholesale electricity is done via a ‘poolâ€(tm), where electricity generators offer electricity to the market and retailers bid to buy the electricity. This market is called the spot or physical wholesale market.

The market for the purchase and sale of commodities, securities and other financial instruments for immediate delivery, as opposed to a Futures market which provides for delivery at some future point in time. By consensus, immediate delivery is understood as two business days. Français: Marché au comptant Español: Mercado de entrega inmediata, mercado al contado

Commodities market in which commodities are sold for cash and immediate delivery takes place. See: Commodities

A market in which a currency or commodity is traded for immediate delivery and against cash payment. Settlement usually occurs within two business days. Also known as cash market.

Orders that have spot settlement are entered into the spot market.

Institutionalised short-term market for commodities with fast delivery, mostly for transactions on the next day or during the next few days.

The market in which cash transactions occur -- commodities (cattle, currencies, stocks, etc.) are bought and sold for cash and delivered immediately.

A market in which commodities, securities or currencies are immediately delivered.

A market in which commodities are traded for immediate or near-immediate delivery.

A market for immediately available single cargoes or other small lots of physical crude oil or refined petroleum products.

The Spot Market or Cash Market is a commodities or securities market in which goods are sold for cash and delivered immediately. Contracts bought and sold on these markets are immediately effective. Spot markets can operate wherever the infrastructure exists to conduct the transaction.