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TeachMeFinance.com - explain Spot purchases Spot purchases The term 'Spot purchases' as it applies to the area of energy can be defined as ' A single shipment of fuel or volumes of fuel purchased for delivery within 1 year. Spot purchases are often made by a user to fulfill a certain portion of energy requirements, to meet unanticipated energy needs, or to take advantage of low-fuel prices'. Previous 5 Terms: Spot market Spot market (natural gas) Spot market (uranium) Spot price Spot price Next 5 Terms: SPOTNIL Spotting SPP Spray spray irrigation About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.