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1. The cancellation of an order to a broker after it has been executed. Busts usually occur if some error has been made.

2. A period of rapid decline for a security or market. A bust is associated with a bear market. See also: Boom-bust cycle.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


To cancel an order after it has been filled. In most cases, cancellation occurs only under unusual circumstances, such as an error or a misunderstanding. Also called break.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Busted will be at Cardiff Motorpoint Arena on May 24.
BUSTED: A late-day siesta may trick your body into thinking you're asleep for the night, making it hard to spring into action.
Busted Foundation is a Los Angeles-based non-profit organization dedicated to providing financial and educational assistance to individuals fighting cancer.
In a statement, the Busted pair said: "This was an opportunistic attempt by Doyle and McPhail to cash in on our success.
The manager also said the new Busted intended to use the songs written by the four when they were in a band called The Termites, said Mr Penny.
"I'm proud of Busted and they are the reason why we're here right now.
Warwick University was the first leg of his band's UK tour and the date had been timed to coincide with the news Charlie was leaving Busted.
And in true Busted tradition the band actually "crashed the wedding" when their stay at the Culloden Hotel coincided with someone else's big day.
'There is talk of a third Busted album - but watch this space!' A spokesman for Busted's record label, MCA, denied that the band was about to split.
Top punk-pop trio Busted yesterday announced their first Arena date in Newcastle.
Busted Stuff starts encouragingly enough with "Busted Stuff" with some jazzy sax from LeRoi Moore and tasty bass from Stefan Lessard, and one hopes that this is the band's breakthrough disc, the one that vaults them beyond the promise of Under The Table And Dreaming.
The struggling real estate industry is staring at a billion-dollar inventory of foreclosed properties from busted financial institutions that Uncle Sam's preparing to dump on the market.