# InvestEngine Glossary

**URL:** <https://community.investengine.com/t/investengine-glossary/1084>\
**Category:** Insight\
**Created:** [26 July 2023 17:20 UTC](https://community.investengine.com/t/investengine-glossary/1084 "2023-07-26T17:20:01Z")\
**Posts on this page:** 1\
**Showing post:** 2

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**Author:** ![James-InvestEngine](https://dub1.discourse-cdn.com/flex017/user_avatar/community.investengine.com/james-investengine/32/527_2.png) [@James-InvestEngine](https://community.investengine.com/u/James-InvestEngine)\
**Post date:** [26 July 2023 17:20 UTC](https://community.investengine.com/t/investengine-glossary/1084/2 "2023-07-26T17:20:58Z")

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**Spot price** - The current market price of a financial asset, commodity, or security at which it can be bought or sold for immediate delivery and settlement. It is the price at which an asset is traded on the spot market, where transactions are settled “on the spot” or almost immediately.

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