limit order

Definition of "limit order"
  1. An order where the client sets a minimum price for selling or maximum price for buying, unlike a market order which demands a quick fulfillment at the current market rate
How to use "limit order" in a sentence
  1. Investors often use a limit order to prevent losses during a market crash.
  2. She set a limit order to buy shares when the price drops to a specific point.
  3. His limit order ensured he wouldn't sell at less than a certain price.

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