LIMIT ORDER
An order entered by an investor through a broker or dealer to buy or sell shares or items at a set price or better. Also called resting order, it allows traders to cap the length of time an order can be unpaid before being cancelled. The remaining balance can be executed later, depending on the investor’s instructions. Sometimes, depending on the position movement, these are referred to more specifically as buy limit order or sell limit order. Limit orders are most useful on low-volume or highly volatile stock.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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