spot deliverynoun [ C or U ]
ukusalso nearby delivery FINANCE a situation in which commodities are sold to be given to the buyer immediately, rather than being sold forward (= to be taken by the buyer on a future date)
COMMERCE a situation in which a product such as a car is paid for and taken by the customer immediately, rather than in the future:
Spot delivery benefits the dealer because the customer has no time to reconsider or change his mind.