fill or kill order (FOK)

Definition of "fill or kill order (FOK)"
  1. A one-time directive to a broker to immediately complete a trade request; otherwise it is promptly canceled
How to use "fill or kill order (FOK)" in a sentence
  1. The investor placed a fill or kill order (FOK) to buy shares at the current price.
  2. Due to the volatility of the market, he decided to use the fill or kill order (FOK).
  3. She wished to avoid risk so she placed a fill or kill order (FOK) on her stock trade.
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