at-the-close order

at-the-close order definition - business

at-the-close order

A specialized order to a broker in which the customer specifies that execution take place at the closing price of the day. In practice, execution is permitted during the 30-to-60-second period before the closing bell.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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