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Not held

• Is an instruction which qualifies an order. It states that the client will not hold the broker liable in the event of failing to execute or complete a transaction. Also, the order can give a degree of latitude, pricing or time, to the broker in order to more favorably execute a transaction.

 
 Embedded terms in definition
 Broker
Event
Order
Time
Will
 
 Related Terms
 Closely held shares
Do not reduce
Held
Management/closely held shares
Option not to deliver

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