Meaning of the word "market order" in English
What does "market order" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
market order
US /ˈmɑːrkɪt ˌɔːrdər/
UK /ˈmɑː.kɪt ˈɔː.də/
Noun
an order to buy or sell a security immediately at the best available current price
Example:
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He placed a market order to buy 100 shares of the stock.
•
A market order guarantees execution but not a specific price.
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