sell order
An investor’s instruction to sell stock.
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market order
An order to buy or sell at the best price immediately available on the market. — Also termed order at the market.
percentage order
An order to buy or sell a stated amount of a certain stock after a fixed number of shares of the stock have traded.
division order
division order. Oil & gas. A contract for the sale of oil or gas, specifying how the payments are to be distributed. • Royalty owners enter into division orders to sell minerals and to instruct how payments are to be made under a mineral lease. Working-interest owners also commonly sign division orders to instruct purchasers
hatsell’s precedents
Hatsell’s Precedents. A compilation of points of order decided in the House of Commons, published by the House’s clerk, John Hatsell, in two volumes, the first in 1776 and the second in 1781. • Hatsell’s compilation was a primary source for the manual that Thomas Jefferson compiled while presiding over the United States Senate.
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split order
An order directing a broker to sell some stock at one price and some stock at another price.
purchase order
purchase order. A document authorizing a seller to deliver goods with payment to be made later. [Cases: Sales 23(1). C.J.S. Sales §§ 29–31.]
matched order
An order to buy and sell the same security, at about the same time, in about the same quantity, and at about the same price.