Definition of “limit order” - English Dictionary

Business

“limit order” in Business English

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limit ordernoun [ C ]

uk ​ us ​ STOCK MARKET

› an instruction to a financial organization to buy or sell shares, etc. at or below a particular price, and not above that price, within a certain period:

Use a limit order to define the price you're willing to pay, which limits your market impact.
See also
buy limit order
sell limit order

(Definition of “limit order” from the Cambridge Business English Dictionary © Cambridge University Press)

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