Definitions
There is 1 meaning of the phrase
Stop-Limit Order.
Stop-Limit Order - as a noun
An order placed with a broker that is executed after a given stop price has been reached, and then becomes a limit order to buy (or sell) at the limit price or better.
Example: "A stop-limit order at $15 in such a scenario would not be exercised, since the stock falls from $20 to $12.50 without touching $15."
Example Sentences
"I placed a stop-limit order to sell my stock if it reached $50."
"He set a stop-limit order to buy the shares if they dropped below $10."
"The trader used a stop-limit order to protect their investment from a major loss."
"She executed a stop-limit order to sell her cryptocurrency at a specific price."
"The investor set a stop-limit order to ensure a certain profit level."
