firm order

firm order definition - business

firm order

  1. An investor's order to buy or sell that is not conditional on any additional instruction.
  2. An order placed on behalf of a broker-dealer firm rather than on behalf of the firm's client.
  3. An unconditional offer to purchase goods or services.

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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