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limit order
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limit order


The market was climbing so fast that my limit order purchase was never executed.
  an order to a broker to buy a certain stock (or other financial instrument) only if its price is no more than a specified level or to sell a only if the price is no less than a specified level
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limit order limit orders
Notes:
In the absence of a limit order, orders are considered to be market orders whereby the order is filled as soon as possible at the then market price.
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Samples:
  • The market was climbing so fast that my limit order purchase was never executed.
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Associated words [difficulty]:   limit order , common stock [9]
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Most commonly used in these subjects:   Personal Finance, Business
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