BRACKETED BUY ORDER
Buy order to a broker comprised of three components. buy order attached to a sell limit order at a price above the buy order’s price, and sell stop below the buy price. Investors determine all of the prices at the time they place the order. It enables investors to realize profits with an upside movement and avert a downside loss without constantly following the position.
POPULAR TERMS
Affirmative Covenant
A kind of contract or promise that requires a party to conduct some action. For example, a bond covenant which provides that the issuer must delive ...
Pure Risk
A risk where loss is the only potential outcome; there is no positive result. A pure risk is related to events that are out of control of the risk- ...
Efficiency
Performance level describing a process which uses the lowest amount of inputs to come up with the greatest amount of inputs. It is relative to usin ...
Tax Free
Goods and/or financial products that are not taxable. Having the tax free status allows an entity to save money and encourages additional spending ...
Reprice
A situation that is most often allowed for company executives or high-level employees. It permits them to trade in their options that out of the mo ...
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