Definition of spot adjective from the Oxford Advanced Learner's Dictionary

 

spot

 adjective
adjective
BrE BrE//spɒt//
 
; NAmE NAmE//spɑːt//
 
 
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[only before noun] (business) connected with a system of trading where goods are delivered and paid for immediately after sale spot prices Word Origin Middle English: perhaps from Middle Dutch spotte. The sense ‘notice, recognize’ arose from the early 19th-cent. slang use ‘note as a suspect or criminal’.
See the Oxford Advanced American Dictionary entry: spot