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English definition of “market order”

market order

noun [C]
 
 
STOCK MARKET
an instruction to a broker (= a company that buys or sells shares for investors) to buy or sell particular shares at the best possible price: Although placing a market order guarantees your order will go through, the price you pay may not ultimately be the price quoted.
(Definition of market order from the Cambridge Business English Dictionary © Cambridge University Press)
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