Though killer whales, also called orcas, are considered whales by most people, they are actually members of the Delphinidae (dolphin) family. Killer whales are excellent hunters that a wide range of prey, including fish, seals, and big whales such as blue whales.
firm price. Definition. Price which is not negotiable. Use firm price in a sentence. â The offer was made, it was a firm price, so the investor had the opportunity to take or leave it.
What is the 'Spot Price' A spot price is the current price in the marketplace at which a given asset such as a security, commodity or currency can be bought or sold for immediate delivery. While spot prices are specific to both time and place, in a global economy the spot price of most securities or commodities tends to be fairly uniform worldwide. In contrast to spot price, a security, commodity or currency's futures price is its expected value at a specified future time and place. BREAKING DOWN 'Spot Price' In the financial markets, spot prices are most frequently referenced in relation to the price of commodity futures contracts, such as contracts for oil, wheat or gold.