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Related to good-till-canceled order: market order, Day order


good till canceled


abbreviation for
1. (Commerce) Also: gtc (on a commercial order for goods) good till cancelled (or countermanded)
2. (Education) (in Scotland) General Teaching Council


or G.T.C.,

1. good till canceled.
2. good till countermanded.
References in periodicals archive ?
The specialists also estimated that 80-90% of good-till-canceled orders are placed by individuals, rather than institutional investors.
In addition, for a random sample of twenty stocks trading ex-dividend between July 9, 1990 and July 13, 1990, the NYSE found that only 7.7% of previously placed good-till-canceled orders were canceled on their ex-dividend days.