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Open good til cancelled order

• An individual investor can place an order to buy or sell a security. That open order stays active until it is completed or the investor cancels it.

 
 

Follow this link for all the terms related to order.

 
 Embedded terms in definition
 Active
Investor
Open order
Order
Security
Sell
 
 Related Terms
 

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Tips for Trying to Fix a Clogged or "Frozen" Home Equity Line: For years, homeowners have turned to home equity lines of credit (HELOCs) as a way to borrow against their home's value to pay for college tuition, home improvements, medical bills and other major expenses. (A home's equity is the market value minus what is owed on the mortgage. If you owe $100,000 on your mortgage but your home is worth $250,000, your equity is $150,000.) More...

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