The phrase "average spot" is correct and usable in written English.
It can be used to describe a location or position that is typical or standard in quality or characteristics.
Example: "The restaurant is located in an average spot, making it easily accessible for most customers."
Alternatives: "typical location" or "standard position".
For example, a withholding agent may use a month-end spot rate or a monthly average spot rate.
The log2 normalized gene counts of this average spot from each region were compared between the tissue sections.
Contracting an amount lesser than the average consumption for the entire voyage, at a contract price lesser than the average spot price is found to be beneficial.
Indeed, Barrick has netted $66 an ounce more than the annual average spot price of gold for the last 10 years.
The average spot cost $358,000, compared with $332,000 in 2000, according to the 2001 television production cost survey, which the association distributed yesterday.
The average spot cost $332,000, compared with $343,000 in 1999, according to the 2000 Television Production Cost Survey, which the association distributed last week.
Barrick, which is based in Toronto, earned an average of $317 an ounce for its gold last year, well above the average spot price of $271 an ounce.
The company locked in an average exchange rate of $1.26 last year, compared with an average spot rate of about $1.37.
At each time period, the total demand is considered to depend linearly on the spot price of the considered time period, and the futures market price is assumed to equal the average spot price over the time horizon.
The 1995 law, according to Republicans and Democrats alike, was supposed to include an escape clause: in any year when average spot prices for oil or gas climbed above certain threshold levels, companies would pay full royalties instead.
According to surveys of steel buyers by Purchasing magazine, the average spot, or market, price of hot-rolled steel sheet, the type used for motor vehicle bodies and domestic appliances, has climbed from $215 a ton in November to $290 in April.
