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limit price

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Financial Dictionary

limit price

The price specified by an investor for a limit order. With a limit order to buy, the price represents the highest price the investor will pay. The price of a limit order to sell represents the lowest price the investor will accept.

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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Online Stock Trading
Voted Barron's Best Online Broker 4 Years in a row!
optionsXpress.com
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