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commodities exchange vs spot market

spot market vs commodities exchange

commodities exchange and spot market both are nouns.

Word NounAdjectiveVerbAdverb
commodities exchange Yes No No No
spot market Yes No No No
As nouns, spot market is a hyponym of commodities exchange; that is, spot market is a word with a more specific, narrower meaning than commodities exchange:
  • commodities exchange: an exchange for buying and selling commodities for future delivery
  • spot market: a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
Other hyponyms of commodities exchange include forward market, futures exchange, futures market.
commodities exchange (noun) spot market (noun)
an exchange for buying and selling commodities for future delivery a market in which a commodity is bought or sold for immediate delivery or delivery in the very near future
Difference between commodities exchange and spot market

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