Get a free quote

Financial Glossary
search
Limit order - Financial Glossary


Limit order

An order to buy a stock at or below a specified price, or to sell a stock at or above a specified price. For instance, you could tell a broker "buy me 100 shares of XYZ Corp at $8 or less" or "sell 100 shares of XYZ at $10 or better" The customer specifies a price, and the order can be executed only if the market reaches or betters that price. A conditional trading order designed to avoid the danger of adverse unexpected price changes.















A B C D E F G H I J K L M N O P Q R S T U V W X Y Z



Next Finance Term: limit on close order









Related Finance and Investing Topics






Home | Site Map | Privacy | Contact Us | Resources

© 2001-2008 Your Financial Reference Source. All rights reserved.