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Cancel former order |
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Cancel former orderType of order given to a broker.Similar MatchesCanceled CertificatesCanceled CertificatesBefore the issuance of a new certificate, the old certificate is presented to the Transfer Agent and is canceled. Good til cancelled order (GTC)Good til cancelled order (GTC)An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a day order.) Debt cancellationDebt cancellationThe most extreme form of debt relief, in which a country's debts are completely forgiven, so that no repayment of interest or principal is required. Open (good till cancelled) order (GTC order)Open (good till cancelled) order (GTC order)Order to buy or sell a security that stays active until it is completed or the investor cancels it. Cancellation ClauseCancellation ClauseA clause in a lease or other contract, setting forth the conditions under which each party may cancel or terminate the agreement. The conditions may be as simple as giving notice or complex and require payment by the party desiring to cancel. Further Suggestionscancellation periodone cancels other good till cancelled order cancel cancellation price Immediate or canceled order (IOC order) |
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