partial execution(redirected from Partial Executions)
A situation in which a broker fills part of a client's order, but is unable to fill the whole order because of the lack of a corresponding order. For example, if an investor makes an order to a broker to sell 1,000 shares at a certain price, but there are only buyers for 600 shares, the broker partially executes the order and looks for buyers for the remaining 400. The leftovers from a partial execution are called leaves.
Execution of less than the full amount of an order. An investor may place an order to buy 500 shares of GenCorp at $15 or less and get a partial execution if the broker is able to buy only 300 shares at that price. Also called partial fill.