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Limit order |
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Limit orderAn order to buy shares up to a maximum price or sell down to a minimum price.For example an investor may place a limit order to buy shares at £12 where the current price is say £15 and falling. If the price levels at £13 and goes up again the order would not be placed. If the price fell to £12 or below, the investor's order would be placed and the maximum he/she would pay would be £12. The point about a limit order is that the client knows what his exposure is.In contrast when a client places an 'at best' order, the broker will complete the purchase at the best price available on the 'order book' at the time, and the client cannot be sure what that price is going to be.Similar MatchesLimit up, limit downLimit up, limit downThe maximum price change allowed for a commodity futures contract per trading day. Unlimited marital deductionUnlimited marital deductionAn Internal Revenue Service provision that allows an individual to transfer an unlimited amount of assets to a spouse, during life or at death, without incurring federal estate or gift tax. Public limited partnershipPublic limited partnershipA limited partnership with an unlimited number of partners that is registered with the SEC and is available for public trading by broke../../finance-glossary/dealers. Limited price orderLimited price orderUsed in the context of general equities. See: Limit order. Venture capital limited partnershipVenture capital limited partnershipA partnership between a startup company and a brokerage firm or entrepreneurial company that provides capital for the new business in return for stock in the company and a share of the profits. Further SuggestionsOverall FTC limitationLimited liability instrument Limitation on conversion Resyndication limited partnership limited liability Limited partnership public limited company (plc) lower earnings limit speculative limits limited company limited partnership Limit order information system position limit Sell limit order Policy limit Unlimited tax bond Research and development limited partnership Debt limit Limit on close order Limited partner Fluctuation limit Limited risk income limit for age related allowances Statutory debt limit Limited company |
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