from The American Heritage® Dictionary of the English Language, 4th Edition
- n. An order to a broker to buy or sell a stock when it reaches a specified level of decline or gain in price.
from the GNU version of the Collaborative International Dictionary of English
- An order in a financial market that aims to limit losses by fixing a figure at which purchases shall be sold or sales bought in, as where stock is bought at 100 and the broker is directed to sell if the market price drops to 98.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level
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