Order


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Order

Instruction to a broker/dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. See: indication, inquiry, bid wanted, offer wanted.

Order

An instruction, especially to a broker, to buy, sell, or conduct some other transaction involving a security or commodity. For example, if a client wishes to buy 100 shares in AT&T, he/she makes an order to a broker to that effect. Orders may take a number of forms. A market order is an order to conduct a transaction at the current market price. A limit order is an order to conduct a transaction at a stated price or better. A stop order is an order to conduct a transaction at the best available price after a certain stated price is reached. Finally, a stop-limit order is a stop order that becomes a limit order when the stated price (known as the stop price) is reached.

order

A customer's instructions to buy or sell securities.
References in classic literature ?
"The order is sealed, and the courier is ignorant of the contents.
de Lyonne will either confirm or withdraw the order."
The regimental commander, going up to the line himself, ordered the soldiers to change into their greatcoats.
"General, I must obey orders, but I am not bound to endure..." Dolokhov hurriedly interrupted.
Meantime Lucas Beaumanoir walked in a small garden belonging to the Preceptory, included within the precincts of its exterior fortification, and held sad and confidential communication with a brother of his Order, who had come in his company from Palestine.
Yet with these severer traits of physiognomy, there was mixed somewhat striking and noble, arising, doubtless, from the great part which his high office called upon him to act among monarchs and princes, and from the habitual exercise of supreme authority over the valiant and high-born knights, who were united by the rules of the Order. His stature was tall, and his gait, undepressed by age and toil, was erect and stately.
"If these things have been sanctioned," he said, "by those who are responsible for my having become the head of the Order; they shall feel my vengeance."
And when they have made a good beginning in play, and by the help of music have gained the habit of good order, then this habit of order, in a manner how unlike the lawless play of the others!
Now, in conclusion, the method which teaches adherence to the true order, and an exact enumeration of all the conditions of the thing .sought includes all that gives certitude to the rules of arithmetic.
Immediately, without any order being given or his place of destination indicated, the coachman set off at a rapid pace, and plunged into the streets of the city.
"I, monsieur, am the Duke of Buckingham; I have hired all the houses which surround the Hotel de Ville, where I have business to transact; and as these houses are let, they belong to me, and, as I hired them in order to preserve the right of free access to the Hotel de Ville, you are not justified in preventing me passing to it."
The prisoners were drawn up six deep, and the young men, one hundred and sixty-one in number, were ordered to go first on board of the vessels.