- 1. n. an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level Source: wordnet
- 2. An order that aims to limit losses by fixing a figure at which purchases shall be sold or sales bought in, as where stock is bought at 100 and the broker is directed to sell if the market price drops to 98. Source: webster
- 3. An order that aims to limit losses by fixing a figure at whichpurchases shall be sold or sales bought in, as where stock is boughtat 100 and the broker is directed to sell if the market price dropsto 98. Source: adambom
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boughtbrokerorderpricesellAIMSdirectedfigurefixinglimitlossesmarketsalessoldstockbuydesignateddropsfallslevelpurchasesrisessecurity
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