good-till-cancelled order - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “good-till-cancelled order”

good-till-cancelled order

noun [C] UK ( US good-til-canceled order)
 
 
( abbreviation GTC order) STOCK MARKET
an investor’s instruction to a broker to buy or sell shares, etc. at a particular price at any time, unless the instruction is later stopped
(Definition of good-till-cancelled order from the Cambridge Business English Dictionary © Cambridge University Press)
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