Meaning of stop loss order | Babel Free
Definitions
A conditional order placed with a stockbroker (or similar) to close one's position if the market drops (or rises in some cases) to a specified price level.
Examples
“The shares are currently trading at $4.40 and he has issued a stop loss order to sell if they fall to $4.20.”
CEFR level
C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
This word is part of the CEFR C1 vocabulary — advanced level.