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Definition of Spot rate

Babylon English

accepted market interest rate for regular transactions
Spot rate Definition from Business & Finance Dictionaries & Glossaries
Campbell R. Harvey's Hypertextual Finance Glossary
The theoretical yield on a zero-coupon treasury security.
Copyright © 2000, Campbell R. Harvey. All Rights Reserved.
Spot rate Definition from Encyclopedia Dictionaries & Glossaries
English Wikipedia - The Free Encyclopedia
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate). A spot contract is in contrast with a forward contract or futures contract where contract terms are agreed now but delivery and payment will occur at a future date.

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Spot rate Definition from Sports Dictionaries & Glossaries
The rate for purchase or sale of a commodity for immediate delivery