Business and Personal Finance Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
- DAY ORDER
A day order is an instruction you give to your broker to buy or sell a security at a particular price before the end of the trading day. The order expires if it isn't filled. In contrast, a good-till-cancelled (GTC) order remains on the broker's books until its filled or the brokerage firm's time limit expires.Back