stop-limit order

stop-limit order definition - finance
An order to trade to be executed only at or below a certain price. A stop-limit order means that a contract or stock is not sold below a minimum level. In contrast, a buy-stop order ensures that the contract or stock is bought at a certain level or lower.

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

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