| Definitions | | stop loss order |
|
noun
- (finance) A conditional order placed with a stockbroker (or similar) to close one's position if the market moves against it to a given price level. For example if shares are trading around $4.40 then a stop loss order might be to sell if it falls to $4.20. When short the opposite applies, the order being to buy back if the market rises to a given point.
Supplemental Details:Sponsor an extended definition for stop loss order for as little as $10 per month. Click here to contact us.
| |
|
