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.
Many taxpayers are unaware of the distribution options they can elect to satisfy the required minimum distribution rules.
Combination category 2/3 transfer: Statement: T hereby elects that the automatic allocation rules will not apply to any transfers by T to B in 2006 or to any additional transfers T may make to B in subsequent years.
2513, spouses may elect to treat a gift made by one spouse to a third person as if the gift had been made one-half by each.
Also, if the head-of-household spouse elects to itemize deductions, the general limit of Sec.
The taxpayer formally elects to amortize the discount and properly includes the annual amortization as additional ordinary income.
Beginning in 1998, an individual engaged in a farming business can elect to treat all or a portion of his taxable income attributable to farming as "elected farm income.
Corporation elects to file as 1120 Corporation in [tax year].
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.