NOUN | communication | stop order, stop-loss order | an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level |
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Meaning | An order to a broker to sell (buy) when the price of a security falls (rises) to a designated level. | |
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Synonym | stop-loss order | |
Broader | order, purchase order | A commercial document used to request someone to supply something in return for payment and providing specifications and quantities |
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