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Finance Dictionary and Glossary of Investment Terms
In the context of general equities, this is a specific minimum limit required by a seller in execution an order ("I'll sell 50 with an eighth low."); implies a not-held limit order. Antithesis of top.
The lowest price a security or commodity reached in a certain period of time, usually a single trading session; here also called daily low. opposite of high.
See Day''s Low