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Priority

Used for listed equity securities. System used in an auction market, in which the first bid or offer price is executed before other bid and offer prices, even if subsequent orders are larger. NYSE rules stipulate that the bid made first should be executed first, or if two bids came in at once, the bid for the large number of shares receives "priority." The bid not executed is then turned to the broker, who informs the customer that the trade was not completed because there was stock ahead. See: Standing.

Priority

In an auction market, a rule stating that the orders for a new issue must be executed in the order in which they are received. That is, as long as an offer or bid is made at the requested price, it must be executed before an offer or bid that is made after it, even if the second one is larger.

priority

The preference received by a bid or offer entered first in an auction market. Regardless of size, the first offer has priority if a transaction occurs at the price specified by the order.

priority

An order of payment of creditors if there are insufficient assets to pay all creditors.

References in periodicals archive ?
In the current framework, one can easily define new strategies for normalizing self-reported priorities, by extending the priority agent (i.e., by extending the corresponding object-oriented class), and overriding just the "Normalize" method.
First, what is one priority of your work that is being overshadowed by competing priorities? What are those competing priorities?
The council is charged with helping the president determine which requests are most closely aligned with the "College Priorities." The president receives the recommendations and then deliberates with the executive team before making a final decision.
Pursue Innovative Capabilities for National Intelligence and Defense Priorities
This meeting defined a framework and set specific priorities for additional research needed to improve public health response to B.
Once you have established your priorities, make sure they don't conflict with one another.
"Energy is being diverted (from economic development) to other council priorities," Boshcoff says.
The priorities task force was appointed by Bishop Michael Ingham last spring.
Most companies will insist they have defined priorities. However, an ordered list of tasks is insufficient to implement a successful IT strategy.
* Roles have changed over the past five to ten years; shifts in priorities on functions and activities are occurring.
In Washington, we are witnessing an embarrassing situation: The head of an enterprise cannot seem to organize his chief executive priorities in order of importance.
The new subcommittee decisions have also reignited debate over how Congress sets its funding priorities. What these votes "bring to light is that we don't have a mechanism in Congress yet for studying [research] priorities," Brown maintains.