market order


Also found in: Thesaurus, Financial, Encyclopedia, Wikipedia.

market order

n.
An order to buy or sell a stock or other security at the prevailing market price.

market order

n
(Stock Exchange) an instruction to a broker to sell or buy at the best price currently obtainable on the market
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.market order - an order to a broker to sell or buy stocks or commodities at the prevailing market pricemarket order - an order to a broker to sell or buy stocks or commodities at the prevailing market price
purchase order, order - a commercial document used to request someone to supply something in return for payment and providing specifications and quantities; "IBM received an order for a hundred computers"
Mentioned in ?
References in periodicals archive ?
Today, Altria announced the following actions: Nu Mark will remove from the market MarkTen Elite and Apex by MarkTen pod-based products until these products receive a market order from the FDA or the youth issue is otherwise addressed; For its remaining MarkTen and Green Smoke cig-a-like products, Nu Mark will sell only tobacco, menthol and mint varieties.
A proposed market order to raise funding for research to support the New York grape industry failed in a vote decided by not just the number of votes but also how those votes represent the tonnage of grapes produced in the state.
M2 EQUITYBITES-November 24, 2015-Nadex releases new mobile apps, market order type
TELECOMWORLDWIRE-November 24, 2015-Nadex releases new mobile apps, market order type
If the next trade after that stock falls to $20 is $19.50, then the stop-loss order to sell turns into a market order and your shares are sold for $19.50.
Today, when an investor places a market order, particularly in an over-the-counter market, the execution capabilities of his broker matter.
Thus, the story fit well with the main mission of Harper's: helping middle- to highbrow intellectuals confirm their inchoate contempt for the modern market order.
www.scottrade.com--$500 minimum investment, $7 per trade for market order and $12 for limit order.
A stop-loss order becomes a market order to buy or sell the stock when it reaches the target price.