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good-till-canceled order (gtc)

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Financial Dictionary

good-till-canceled order (GTC)

An order either to buy or to sell a security that remains in effect until it is canceled by the customer or until it is executed by the broker. Also called open order.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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www.thinkorswim.com
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