Cash Market Law and Legal Definition

Cash Market is the market for a cash commodity or actual, as opposed to the market for its futures contract. It is also called spot market. A cash market may take the following forms: self-regulated centralized markets, such as commodity exchanges; decentralized over-the-counter markets where private transactions may occur; or localized community organizations, such as grain elevators. since it is the markets that involve the immediate delivery of a security or instrument.