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 to "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. The New York Times Financial Glossary

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   An order that stipulates the price at which a market transaction can be executed. The maximum price is stipulated for a buy order and the minimum for a sell. Limit orders are normally valid until a certain time specified by the client. They can also be Good Till Cancelled (GTC), remaining valid until the limit is reached and the order is executed, or until the order is cancelled.

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limit order UK US noun [C] STOCK MARKET
an instruction to a financial organization to buy or sell shares, etc. at or below a particular price, and not above that price, within a certain period: »

Use a limit order to define the price you're willing to pay, which limits your market impact.

See also BUY LIMIT ORDER(Cf. ↑buy limit order), SELL LIMIT ORDER(Cf. ↑sell limit order)

Financial and business terms. 2012.

Look at other dictionaries:

  • Limit-Order — Orderzusätze oder Handelsoptionen sind Bezeichnungen, die eine Wertpapierorder genauer bezeichnen und bestimmte Bedingungen stellen, unter denen diese Order ausgeführt werden soll. Es gibt generell die Unterscheidung zwischen unlimitierten und… …   Deutsch Wikipedia

  • limit order — An order in which the customer sets a limit on the price and/or time of execution. Chicago Board of Trade glossary 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… …   Financial and business terms

  • Limit Order — An order placed with a brokerage to buy or sell a set number of shares at a specified price or better. Limit orders also allow an investor to limit the length of time an order can be outstanding before being canceled. Depending on the direction… …   Investment dictionary

  • limit order — / lɪmɪt ˌɔ:də/ noun an order to a broker to sell if a security falls to a certain price …   Dictionary of banking and finance

  • Limit-Order — Lị|mi|t|or|der, Lị|mit Or|der, die; , s [aus ↑ Limit u. ↑ Order] (Börsenw.): Kauf od. Verkaufsauftrag, bei dem eine obere od. untere Preisgrenze angegeben wird …   Universal-Lexikon

  • limit order — noun also limited order : an order to buy securities at a specified maximum price or sell them at a specified minimum price * * * Stock Market. an order to buy or sell a specified amount of a security at a specific price. Also called limited… …   Useful english dictionary

  • limit order — Stock Market. an order to buy or sell a specified amount of a security at a specific price. Also called limited order. Cf. stop order, market order. * * * …   Universalium

  • limit order — /ˈlɪmət ɔdə/ (say limuht awduh) noun Finance an order to buy or sell a security at a price specified by the customer, or at a better price if such price can be obtained. Also, limited order, limited price order …   Australian English dictionary

  • Limit Order — Kauf oder Verkaufauftrag von Wertpapieren mit festgelegtem Preis (⇡ Limit) oder auch festgelegter Zeit …   Lexikon der Economics

  • limit order — See at limit …   Big dictionary of business and management

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