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fill or kill

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Financial Dictionary

Fill or Kill - FOK

An order to fill a transaction immediately and completely or not at all.

Investopedia Commentary

This type of order is usually for a large quantity of stock, and must be filled in its entirety or canceled (killed). Examples include market and limit orders requiring immediate executing. In reality, the fill-or-kill type of trade does not occur very often.

Related Links

Brokers and Online Trading
The Nitty-Gritty Of Executing A Trade
Understanding Order Execution
The Basics Of Order Entry

See also: Fill, Immediate or Cancel Order, Kill, Limit Order, Market Order, Stop Limit Order, Stop Limit Order

Also spelled: FOK

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