Spot rate defined.
Nev. Rev. Stat. § 17.540
in effectSpot rate means the rate of exchange at which foreign money is sold by a bank or other dealer in foreign exchange for immediate or next-day availability or for settlement by immediate payment in cash or equivalent, by charge to an account, or by an agreed delayed settlement not exceeding 2 days.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-017.htmlFetched: 10/4/2026