Back on the shelf

Back on the shelf

In the context of general equities, permanently canceled order/interest in a stock by a customer. See: Take a powder.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Back on the Shelf

Describing the permanent cancellation of an order to buy or sell a security. An order is placed back on the shelf when buying or selling the security would no longer be advantageous for the investor.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved