Spot definition

Spot means a date, of which the payment/delivery date equals the date on which the transaction is concluded with the addition of two trading days. On the basis thereof, the following system-supported standard terms are available:

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Spot means the currency transaction made at the current Market Price with a subsequent delivery/settlement on the second business/banking day upon the transaction made;

Spot means a single number chosen from the range of 1 to 80.

Examples of Spot in a sentence

• Without consideration of the swap rate at the beginning of the period, assuming that the Spot rate on the final swap date is less (or greater) than the final swap rate, the absolute value of the result of "[notional amount 1] x (Spot rate - final swap rate)" valued in [Currency 2] shall be the Customer's losses of market price from the transaction.

• Without consideration of the swap rate at the beginning of the period, assuming that the Spot rate on the final swap date is greater (or less) than the final swap rate, the absolute value of the result of "notional amount x (Spot rate - final swap rate)" valued in [Currency 2] shall be the Customer's gains of market price from the transaction.

• In the event of Spot rate greater (or less) than Forward rate on product Settlement Day, then absolute value of the result of "notional amount x (Spot rate - Forward rate)" valued in [Currency 2] is Customer's potential settlement gains from the transaction.

• If the Customer has informed the Bank to make the net settlement but has not squared the Spot foreign exchange bought/sold by the Bank for the settlement position before the above-mentioned time, the Bank has the right to calculate the amount of the difference according to the market price at 3:30 p.m. of Taipei time on the Due Day.

• In addition, when using a combination position policy (such as Spot or Forward transactions) to hedge against the risk of financial derivative transactions, the risk is not necessarily less than the risk of buying or selling the financial derivative directly in the market, and vice versa.

More Definitions of Spot

Spot means (i) an Advertising Spot, (ii) a Sponsorship Spot or (iii) a Teleshopping Spot;

Spot means the currency transaction made at the current Market Price with a subsequent delivery/settlement on the second business/banking day upon the transaction made; • “CFD Contract” means contract, based on fluctuations of prices on Financial instruments;

Spot or “Spot Basis", when used in the Agreement and/or any agreements by and between us, including, without limitation, these Terms and Conditions, unless the context otherwise requires, shall mean cash settlement being two (2) Business Days from the deal date;

Spot means one of four spots in a tee-time at a City Golf Course, and “Spots” shall have a corresponding meaning.

Spot means the theoretical Value Date for a Transaction Two Business Days following the day on which the Transaction is entered into. Tax means any present or future tax, levy, impost, deduction, charge, duty, compulsory loan or withholding (together with any related interest, penalty, fine or expense in connection with any of them) levied or imposed by any Government Agency, other than any imposed on overall net income. Terms Currency is the second currency quoted in a pair for a CFD, for example for the quote AUD/USD, the Terms Currency is the USD. Terms means all of the provisions of the Application Form and of this document (inducing the relevant Schedules), each as amended from time to time.

Spot means the amount of numbers a player may play per game.

Spot means the price of an asset for immediate delivery, or the value of an asset at any exact given time.