priority


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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 ?
Priority Power Management, LLC acts as an extension of its clients' staff to develop and implement strategies that mitigate risk and overcome challenges associated with managing energy data, supply, demand, and delivery infrastructure.
In order to avoid starvation of some users, the manager agent has to continuously attend all the requests, even if the higher priority ones are attended faster.
WSI Priority Media offers a slate of site optimization strategies that utilize white hat services to build a long-term platform for SEO success.
Basically, this covers any veteran assigned to Priority Group 1, Priority Group 4 and veterans who are being treated for their service-connected disabilities.
Put it in the specification: Even though the specification is no longer controlling, best practices would dictate that you still put the claim of priority in the specification.
"Hence, there will be further review and fine-tuning process to ensure congruence in the priority measures of the Executive and Legislative branches," he said.
Kirkleatham Setting off fires and anti-social behaviour is a priority.
Here is where a conflict lies between public priority (priority of state funds) and private priority (individual or company priority) and which of those has first claim to the value of the real estate that has been sold at auction, through the transfer of demanded rights from the property to the value.
But a report from Dr Andrew Crawley of Cardiff Business School found most businesses were unaware of funding available from the Welsh Government and Finance Wales, and many didn't realise they fell within a priority sector.
The rationale of priority sector lending was one of the causes for nationalization of the top 14 banks in 1969.

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