Elect

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Elect

The conversion of a conditional order into a market order.

Elect

To order a broker to change a stop limit order or a stop order to a limit order or a market order.

elect

To convert a stop limit order or a stop order to a limit order or a market order.
References in periodicals archive ?
An LLC can elect to forgo a passthrough of the audit adjustment and, instead, make an imputed tax payment; in that case, no member reports any adjustment.
An employee may also elect to have his or her earnings reduced to pay for tax-free benefits over and above the amount the employer is willing to contribute.
However, the IRA owner must make a key decision no later than his or her required beginning date, choosing to elect a fixed number of years for IRA distributions or to elect the life-expectancy recalculation method (the IRA owner's life expectancy expands each year).
When a husband and wife elect gift-splitting for gift tax purposes, each spouse is also treated as the transferor of one-half of the gift for GST purposes, under Sec.
If a married individual files a separate return with head-of-household status and elects to itemize deductions, and if the other spouse continues to file as married filing separately, that other spouse is not eligible for the full standard deduction.
If the taxpayer elects to amortize the taxable bond's premium, the annual amortization will be an offset against current interest payments (or to the extent of prior-year interest payments) and a reduction to basis (under Sec.
A taxpayer can elect out of the five-year carryback period for the farming loss and be subject to the two-year carryback or the 20-year carryforward.
In some of the more interesting rulings to date regarding a new enterprise, practitioners filed a Form SS-4, Application for Employer Identification Number, and thought it was sufficient to elect S status.
The situation at issue involves a will that allows the executor to elect any amount as QTIP.
If one elects not to recalculate life expectancy, the minimum payout of the plan will be over a guaranteed period of time regardless of how long the participant and/or beneficiary live.