(げんぶつ)

げんぶつ
noun
the real thing, actual goods
1. the real thing, actual item
The physical, actual thing itself, as opposed to a photograph, description, replica, or digital representation.
現物(げんぶつ)()てから()めたい。
I want to see the real thing before deciding.
写真(しゃしん)よりも現物(げんぶつ)(ほう)がずっときれいだった。
The real thing was much more beautiful than the photo.
ネットで()ったが、(とど)いた現物(げんぶつ)がイメージと(ちが)っていて返品(へんぴん)した。
I bought it online, but the actual item that arrived was different from what I imagined, so I returned it.
2. spot goods, physical commodities
In finance and business, physical goods or commodities for immediate delivery, as opposed to futures or derivative contracts.
現物(げんぶつ)取引(とりひき)先物(さきもの)取引(とりひき)よりリスクが(ひく)いとされる。
Spot trading is considered less risky than futures trading.
この証券会社(しょうけんがいしゃ)では現物(げんぶつ)(かぶ)手数料(てすうりょう)無料(むりょう)になった。
This brokerage firm has made commissions on spot stock trades free.
(きん)現物(げんぶつ)保有(ほゆう)することで、インフレに(たい)するリスクヘッジができる。
By holding physical gold, you can hedge against inflation risk.

USAGE:
Sense 1 is used in everyday conversation — when you want to see or evaluate the actual thing rather than a picture or description. Sense 2 is a business and finance term referring to physical commodities or spot transactions.

COMMON COLLOCATIONS:

  • 現物(げんぶつ)確認(かくにん)する (check the actual item)
  • 現物(げんぶつ)支給(しきゅう) (payment in kind)
  • 現物(げんぶつ)取引(とりひき) (spot trading)
  • 現物(げんぶつ)(かぶ) (spot stocks)

SIMILAR WORDS:

  • 実物(じつぶつ): the real thing, actual object (very close to sense 1, slightly more emphasis on authenticity)
  • 先物(さきもの): futures (opposite of sense 2 — contracts for future delivery)