trigger point
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Trigger Point
An event that causes another event. For example, an exchange may stop trade on a stock if its price drops by 10% in a single trading session. In that case, the trigger point is the 10% drop.
trigger point
The event or condition that initiates a predetermined action. For example, the New York Stock Exchange halts trading in stocks when the Dow Jones Industrial Average declines by a specified number of points (the trigger point) in a trading session.