Spot or Cash Contracts

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“Spot" or “Cash" Contracts


A ready delivery contract is one, which provides for the delivery of goods and the payment of price there for, either immediately or


Within such period not exceeding 11 days after the date of the contract, subject to such conditions as may be prescribed by the Central Government.


A ready delivery contract is required by law to be fulfilled by giving and taking the physical delivery of goods.


In market parlance, the ready delivery contracts are commonly known as "spot" or "cash" contracts.

 

[jiten005]

“Spot" or “Cash" Contracts


A ready delivery contract is one, which provides for the delivery of goods and the payment of price there for, either immediately or


Within such period not exceeding 11 days after the date of the contract, subject to such conditions as may be prescribed by the Central Government.


A ready delivery contract is required by law to be fulfilled by giving and taking the physical delivery of goods.


In market parlance, the ready delivery contracts are commonly known as "spot" or "cash" contracts.

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