from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun An order to a broker to buy or sell a stock when it reaches a specified level of decline or gain in price.
from the GNU version of the Collaborative International Dictionary of English.
- (Finance) An order in a financial market that aims to limit losses by fixing a figure at which purchases shall be sold or sales bought in, as where stock is bought at 100 and the broker is directed to sell if the market price drops to 98.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun an order to a broker to sell (buy) when the price of a security falls (rises) to a designated level
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john commented on the word stop order
"A stop order is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the specified price is reached, your stop order becomes a market order."
- U.S. Securities and Exchange Commission
January 22, 2008