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stop-loss

   Also found in: Medical, Financial, Wikipedia 0.01 sec.
stop-loss
adj
(Economics, Accounting & Finance / Stock Exchange) Business of or relating to an order to a broker in a commodity or security market to close an open position at a specified price in order to limit any loss

Presidential authority under Title 10 US Code 12305 to suspend laws relating to promotion, retirement, or separation of any member of the Armed Forces determined essential to the national security of the United States ("laws relating to promotion" broadly includes, among others, grade tables, current general or flag officer authorizations, and E8 and 9 limits). This authority may be exercised by the President only if Reservists are serving on active duty under Title 10 authorities for Presidential Reserve Callup Authority, partial mobilization, or full mobilization. See also mobilization; partial mobilization; Presidential Reserve Callup Authority.


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Unfortunately, not using a stop-loss is asking for trouble of a much greater magnitude, and the market loves to reward the foolish, lazy, or stupid, with the just recompense of their behavior.
Byline: The Register-Guard Secretary of Defense Robert Gates last week ordered the virtual end of stop-loss in the American military.
The practice has been condemned by opponents of the Iraq war, including some veterans groups, and Democratic presidential candidate John Kerry in the 2004 campaign blasted stop-loss as an injustice.
 
 
 
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