Limit order

An order to buy/sell at a specific price or better.

Explanation

Limit orders can reduce spread/slippage compared to market orders, but may not fill.

Related pages

Related terms

FAQ

What does “Limit order” mean?
An order to buy/sell at a specific price or better.
Where is this term used on the site?
This glossary page is the canonical definition. Use the related links below to jump into guides and hub pages where the concept is applied.
Is this financial advice?
No. These pages provide definitions and safety-oriented explanations, not investment advice.