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Stop limit order

• An order placed with a broker to buy or sell at a specified price or better after a given stop price has been reached or passed.

• A stop order that designates a price limit. In contrast to the stop order, which becomes a market order once the stop is reached, the stop-limit order becomes a limit order once the stop is reached.

 
 

Follow this link for all the terms related to order.

 
 Embedded terms in definition
 Broker
Buy
Limit order
Limit
Market order
Market
Order
Sell
Stop order
Stop
 
 Related Terms
 

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