Advertising

Good 'til canceled

• Abbreviated GTC. This is an order to buy or sell a security that is good until the investor cancels it. Most brokerage firms let GTC orders automatically expire after 30 - 60 days.

• Sometimes simply called GTC , it means an order to buy or sell stock that is good until you cancel it. Brokerages usually set a limit of 30-60 days, at which the GTC expires if not restated.

 
 Embedded terms in definition
 Buy
Cancel
Gtc
Investor
Limit
Order
Security
Sell
Stock
 
 Related Terms
 Good delivery
Good delivery and settlement procedures
Good funds
Good till canceled
Good trader
Open good til cancelled order

<< Golden parachute Good delivery >>

Multi-Tasking In Your 30s, 40s or 50s: Managing for today and saving for tomorrow, including a child's college expenses and your retirement More...

Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life better. You certainly would not be able, in a single generation, to create an earthly paradise. Who could expect that? But, if you make life ever so little better, you will have done splendidly, and your lives will have been worthwhile. - Arnold Toynbee

Advertising



Copyright 2009-2019 GVC. All rights reserved.