fill or kill

fill or kill definition - finance
A customer order that must be filled immediately or cancelled. It also is a price limit order, which means the trade must take place at a specific price or not at all. It is used in different securities markets, including stock and futures markets.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.