Buy limit order

Buy limit order

A conditional trading order that indicates a security may be purchased only at the designated price or lower. Related: Sell limit order.

Buy Limit Order

An order to a broker to buy a security if and only if the best available price is equal to or less than some set price. See also: limit order.
References in periodicals archive ?
This means that any purchase by a market maker below a buy limit order -- or sale above a sell limit order -- would automatically trigger an obligation on the part of that market maker to execute the customer limit order.
Upgraded Active Trader Ladder Functionality - traders can now place marketable limit orders outside of the best Bid or Offer, that is, buy limit orders above the offer and sell limit orders below the bid;