D defs.my
Entry 1 sense Webster, 1913

Stop order

· IPA
01 An order in a financial market that aims to limit losses by fixing a figure at which purchases shall be sold or sales bought in, as where s…
  1. 1.
    An order in a financial market 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.(Finance)