time order


An order to execute a specified transaction at a specific time. If the order is not executed at that time, it is either cancelled or becomes a market order or a limited price order (depending on the specifications of that particular order).

Use time order in a sentence

The time order was in and we knew we would have to be executing it pretty soon, or we would fall behind.

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Not many investors are aware they can use time orders to purchase stock at a specific time and instead use a market order.

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As he sat there in the waiting room of the large conglomerate, he realized that the time order they had issued to liquidate the assets in his part of the company would soon come to pass.

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