Meaning of “good-till-cancelled order” in the English Dictionary


"good-till-cancelled order" in Business English

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good-till-cancelled ordernoun [ C ]

UK US good-til-canceled order uk us 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)