market order

Definition

A buy or sell order in which the broker is to execute the order at the best price currently available. also called at the market. These are often the lowest-commission trades because they involve very little work by the broker.

Use market order in a sentence

You should try and make sure that you keep a hold of the market order so that you always remember what you got.

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The market order was in and I knew that everything was going to be okay, because we always executed our orders.

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The market order was communicated to the broker who ensured it would be completed which concluded the actions needed to be taken.

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buy stop order market on close order