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Open order

• Is an order that is or remains live or in effect until it is filled or canceled.

• An order to buy or sell a security that remains in effect until it is either canceled by the customer or executed.

 
 

Follow this link for all the terms related to order.

 
 Embedded terms in definition
 Order
Security
Sell
 
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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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