stop order


A market order to buy or sell a certain quantity of a certain security if a specified price (the stop price) is reached or passed.

Use stop order in a sentence

Since the investor was not going to have the opportunity to monitor his portfolio over the next couple weeks, he issued a stop order in hopes of ensuring minimal losses while he was away.

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It was a stop order, so we followed the procedures we had outlined in an event of one of those.

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The stop order was placed with the broker at the desired amount so we were confident our position would be optimal.

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either-or order alternative order