Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.
In the context of general equities, this is a specific minimum limit required by a seller in execution an order ("I'll sell 50 with an eighth low."); implies a not-held limit order. Antithesis of top.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
The smallest price of a stock over a given period of time, especially when the price has first been reached. That is, when a stock's prices have dipped below the previous record for a given period of time, analysts and reporters say that prices have reached "a new low." This is generally considered a bearish sign, especially when other indicators are also bearish.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved