Meaning of “market order” in the English Dictionary

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"market order" in Business English

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market ordernoun [ C ]


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)