An order to buy or sell a stock immediately at the best available current price. A market order guarantees execution. Often this type of order has low commissions due to the minimal work brokers need to do.
Used in the context of general equities. Order to buy or sell a stated amount of a security at the most advantageous price obtainable after the order is represented in the trading crowd. You cannot specify special restrictions such as all or none (AON) or good 'til cancelled order (GTC) on market orders. See: Limit order.
A buy or sell order in which the broker is to execute the order at the best price currently available. also called at the market. These are often the lowest-commission trades because they involve very little work by the broker.
An order to purchase or to sell at the best available price. At-the-market orders must be executed immediately, and therefore take precedence over all other orders. Market orders to buy tend to be executed at the ask price, and market orders to sell tend to be executed at the bid price.
An order to buy or sell a stated amount of a security at the best possible price at the time the order is received in the marketplace.