stop order

noun

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

stop order

noun

1. stock exchange an instruction to a broker to sell one or more shares when the price offered for them falls below a stipulated level Also calledstop-loss order

Word History and Origins

Origin of stop order¹

First recorded in 1870–75

Example Sentences

When she sees me though, she puts a stop order on all that third-rate stuff and tells the cook to go the limit.

From Project Gutenberg