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Limit Order

Limit Order		An order to buy a stock at or below a specified price or to sell a stock at or above a specified price.
Additional comments: For instance, you could tell a broker, "Buy me 100 shares of XYZ Corporation at $8 or less" or "Sell 100 shares of XYZ at $10 or better."

Related Terms
		Stop Order A stop order is an order to buy or sell a stock once the price of the stock reaches a specified ... Day Order When you place a Day Order you give your broker a price at which you are willing to buy or sell ... Partial Fills A partial fill occurs when a trader places an order for a certain number of shares, let’s say for 2,000 shares ...

 

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