limit order

noun
variants: or less commonly limited order

Definition of limit order

: an order to buy securities at a specified maximum price or sell them at a specified minimum price

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First Known Use of limit order

1883, in the meaning defined above

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Time Traveler for limit order

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The first known use of limit order was in 1883

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Cite this Entry

“Limit order.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/limit%20order. Accessed 24 Nov. 2020.

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