| || InvestHub.com's |
Finance Dictionary and Glossary of Investment Terms
A customer order to a broker that sets the sell price of a stock below the current market price, therefore protecting profits that have already been made or preventing further losses if the stock drops. (See limit order)
An order placed with a broker to sell when a certain price is reached. It is designed to limit an investor's loss on a security position. This is sometimes called a stop market order.