Definition of "spot market" []

• A market in which commodities are bought and sold for immediate delivery. Delivery usually takes place in the same or next business day. (noun)

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• "A television buy for a sample movie might find spots placed in certain important network prime-time programs, surrounded by lesser network programs, perhaps nonprime time, and placement in many more less-expensive spot market programming, perhaps in the local fringe time slots, both early (6 to 8 P.M.), late-night (after local news, or 11 P.M.) and in the narrowcast cable marketplace."