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Finance Dictionary and Glossary of Investment Terms
A market order to buy or sell a certain quantity of a certain security if a specified price (the stop price) is reached or passed.
A standing order to sell a given security if the price falls to a certain price. (Stop orders can also be given to buy when the price reaches a certain level.) A stop order is a conservative tactic that puts a floor under an investor''s losses in a particular issue.
An order to sell a stock when its price falls to a particular point, thus limiting an investor's loss (or locking in a profit). Also referred to as a stop-loss order.