market order

noun Stock Exchange.
an order to buy or sell a specified amount of a security at the best price available.


Origin:
1915–20

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
market order
 
n
an instruction to a broker to sell or buy at the best price currently obtainable on the market

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Example sentences
Plan ahead: you may need to order artisan cheeses from the cheesemaker or have your market order them.
When the stop price is reached, a stop order becomes a market order.
In contrast, a market order is an order to buy or sell a security at the current market price.
If you place a market order, you're committing to buying or selling a stock at the best current price.
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