bust

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Bust

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.
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bust

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.