Advertising

Limit order

• An order to buy a stock at or below a specified price or to sell a stock at or above a specified price. For instance, you could tell a broker Buy me 100 shares of XYZ Corp at $8 or less or to sell 100 shares of XYZ at $10 or better. The customer specifies a price and the order can be executed only if the market reaches or betters that price. A conditional trading order designed to avoid the danger of adverse unexpected price changes.

• An order placed with a broker to buy or sell at a price as good or better than the specified limit price. Sometimes known as an Or Better Order.

 
 

Follow this link for all the terms related to order.

 
 Embedded terms in definition
 Broker
Buy
Limit price
Limit
Market
Or better order
Order
Sell
Shares
Stock
Trading
 
 Related Terms
 

<< Limit Limit order book >>

How to Ace Your First Test Managing Real Money in the Real World: As a teen, you're beginning to make some grown-up decisions about how to save and spend your money. That's why learning the right ways to manage money…right from the start…is important. Here are suggestions. More...

A friend is one who knows us, but loves us anyway. - Fr. Jerome Cummings

Advertising



Copyright ©2009-2018 GVC. All rights reserved.