Stop loss order
English
[edit | edit source]See also: stop-loss order
Alternative forms
[edit | edit source]Noun
[edit | edit source]stop loss order (plural: stop loss orders)
- (stock market) A conditional order placed with a stockbroker (or similar) to close one's position if the market drops (or rises in some cases) to a specified price level.
- Synonym: stop order
- Coordinate term: buy stop order
- Example: The shares are currently trading at $4.40, and he has issued a stop loss order to sell if they fall to $4.20.
Further reading
[edit | edit source]- Stop-loss order on Wikipedia