Time order

(redirected from Time Orders)

Time order

Order that becomes a market or limited price order or is canceled at a specific time.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Time Order

An order that changes its form after a certain period of time. For example, a limit order may become a market order if it is not filled within a few days. Likewise, a time order may be automatically canceled if it is not filled after the specified period of time.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Mentioned in ?
References in periodicals archive ?
The spending habits were discovered thanks to the boom in online shopping, which records the time orders are received.
The old time frame of 14 days has been cut in half, so the standards are shipped out seven days from the time orders are placed.