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Acronyms that contain the term spot date
What does spot date mean? This page is about the various possible meanings of the acronym, abbreviation, shorthand or slang term: spot date.
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What does spot date mean?
- Spot date
- In finance, the spot date of a transaction is the normal settlement day when the transaction is carried out as soon as practical, i.e. "on the spot". This kind of transaction is called a "spot transaction" or simply "spot", and is often described as such in contrast to a transaction which is not settled immediately, such as a futures contract or a forward contract.
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"spot date." Abbreviations.com. STANDS4 LLC, 2024. Web. 29 May 2024. <https://www.abbreviations.com/spot%20date>.
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