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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.

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Limit Orders Help Avoid LossesTo avoid buying or selling a stock at a price higher or lower than you wanted, you need to place a limit order rather than a market order. A limit order is an order to buy or sell a security at a spec ... Read more


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