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stop order

noun

an order from a customer to a broker to sell a security if the market price drops below a designated level.

Compare limit order, market order.

Origin of stop order

First recorded in 1870–75

Also called stop-limit order, stop-loss order.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for stop order

stop order

noun

stock exchange an instruction to a broker to sell one or more shares when the price offered for them falls below a stipulated levelAlso called: stop-loss order

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012