limit (up or down)
- The maximum increase or decrease in price allowed in a trading session from the previous day's closing price, as determined by exchange rules. In some futures contracts, this limit can be adjusted or eliminated during a trading session after a certain time if the contract is at its limit
- When investing, one must consider the limit (up or down) which could affect potential earnings.
- Due to the market's volatility, the limit (up or down) on this stock was reached quickly today.
- During a tumultuous trading session, we nearly hit the limit (up or down) for our futures contract.