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Good til Canceled

A buy or sell limit order is an instruction to buy or sell a specific security at a specified price or better. It differs from a market order, where the transaction is executed at the current market price. With a limit order, the transaction will only take place if the market price reaches the specified limit. This type of order remains active until it is cancelled by the investor.

Related terms

Better-Price-Limit Orders

Understand the meaning and definition of Better-Price-Limit Orders in the context of stock market, trading, and investments.

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Contrarian

Understand the meaning and definition of Contrarian in the context of stock market, trading, and investments.

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Interest Coverage

Understand the meaning and definition of Interest Coverage in the context of stock market, trading, and investments.

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Equity Value

Understand the meaning and definition of Equity Value in the context of stock market, trading, and investments.

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Thin Market

Understand the meaning and definition of Thin Market in the context of stock market, trading, and investments.

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Resistance

Understand the meaning and definition of Resistance in the context of stock market, trading, and investments.

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