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 >>

Beware of fraud originating in phone messages and faxes: FDIC Consumer News has warned before about crooks who call or e-mail consumers and pretend to be legitimate companies or government agencies wanting people to "verify" or "resubmit" (divulge) confidential information such as bank account or credit card numbers as well as Social Security numbers, passwords and personal identification numbers. Here are variations to know about. More...

I have never met a man so ignorant that I couldn't learn something from him. - Galileo Galilei

Advertising



Copyright 2009-2018 GVC. All rights reserved.