limit order

Definition
An order to a broker to buy a specified quantity of a security at or below a specified price, or to sell it at or above a specified price (called the limit price). This ensures that a person will never pay more for the stock than whatever price is set as his/her limit. This is one of the two most common types of orders, the other being a market order. opposite of no limit order.




limit order is ...
... part of the
Brokerages and Trading subjects.


Related Terms

away from the market -  More
stop-limit order -  More
buy limit order -
alternative order, at the close, Designated Order Turnaround, either-or order, limit order book, on close, public book, specialist market, one cancels other order, central limit order book


limit order appears in these other terms

limit order information system, sell limit order


limit order appears in the definitions of these other terms on BusinessDictionary.com

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