stop-loss

[stop-laws, -los]

adjective

1. designed or planned to prevent continued loss, as a customer's order to a broker to sell a stock if its price declines to a specific amount.

stop-loss

adjective

1. commerce of or relating to an order to a broker in a commodity or security market to close an open position at a specified price in order to limit any loss

Word History and Origins

Origin of stop-loss¹

First recorded in 1900–05