HomeDefinitionsCompareDebt Spot transactionThe financial definition for Spot transaction:A foregin exchange transaction in which each party promises to pay a certain amount of currency to the other on the same day or within one or two days. Similar MatchesCash transactionCash transactionA transaction in which exchange is immediate in the form of cash, unlike a forward contract (which calls for future delivery of an asset at an agreed-upon price). Closing transactionClosing transactionApplies to derivative products. Buy or sell transaction that eliminates an existing position (selling a long option or buying back a short option). Antithesis of opening transaction. COD transactionCOD transactionSee: Delivery versus payment Further SuggestionsFederal intrafund transactionsForward exchange transaction Highly leveraged transaction (HLT) Intercompany transaction Interfund transactions Intrabudgetary transactions Net sales transaction Click to compare definitions of Spot transaction Click to view definitions beginning sp |