Meaning of the word "limit order" in English
What does "limit order" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
limit order
US /ˈlɪmɪt ˌɔːrdər/
UK /ˈlɪm.ɪt ˈɔː.də/
Noun
an order to buy or sell a security at a specific price or better
Example:
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He placed a limit order to buy 100 shares at $50.
•
Unlike a market order, a limit order guarantees the price but not the execution.
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