An order to a broker to buy a specified quantity of a security at or below a specified price, or to sell it at or above a specified price (called the limit price). This ensures that a person will never pay more for the stock than whatever price is set as his/her limit. This is one of the two most common types of orders, the other being a market order. opposite of no limit order.
Related information about limit order:
- Limit Orders
Mar 10, 2011 ... A limit order is an order to buy or sell a stock at a specific price or better. A buy limit order can only be executed at the limit price or lower, and a ...
- Limit Order Definition | Investopedia
An order placed with a brokerage to buy or sell a set number of shares at a specified price or better. Limit orders also allow an investor to limit the length of time ...
- Buy Limit Order Definition | Investopedia
An order to purchase a security at or below a specified price. A buy limit order allows traders and investors to specify the price that they are willing to pay for a ...
- Order (exchange) - Wikipedia, the free encyclopedia
A limit order is an order to buy a security at no more than a specific price, or to sell a security at no less than a specific price (called "or better" for either direction ).
- What is limit order? definition and meaning
Definition of limit order: An order to a broker to buy a specified quantity of a security at or below a specified price, or to sell it at or above a specified price ( called ...
- Limit Order Definition & Example | InvestingAnswers
We explain the definition of Limit Order, provide a clear example of how it works and explain why it's an important concept in business, finance & investing.
- Crazy But True: A $4,000 Facebook Limit Order - MarketBeat - WSJ
May 18, 2012 ... Trading in Facebook shares is likely to be frenetic when it begins at 11 a.m., with one trader apparently putting in a buy order with a $4000 limit.
- Limit Order - Financial Dictionary - The Free Dictionary
An order to buy a stock at or below a specified price, or to sell a stock at or above a specified price. For instance, you could tell a broker "buy me 100 shares of ...