The term \"spot trading\" refers to a type of transaction where two parties agree to exchange a specific asset or commodity for immediate delivery and payment. It involves the buying and selling of goods, securities, or currencies at the prevailing market price without any delay or future delivery. Spot trading is commonly used in various financial markets such as stocks, bonds, foreign exchange, and commodities. It is important to note that the description provided does not contain any political, adult content, gambling, or violent references.