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
- STOP-LOSS
A resting order designed to close out a losing position when the price reaches a level specified in the order. It becomes an at-the-market order when the “stop” price is reached. Individuals also use stops to enter the market when the prices reach a specified level.Back