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stop order

noun

  1. an order from a customer to a broker to sell a security if the market price drops below a designated level.

stop order

noun

  1. stock exchange an instruction to a broker to sell one or more shares when the price offered for them falls below a stipulated level Also calledstop-loss order
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word History and Origins

Origin of stop order1

First recorded in 1870–75
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Example Sentences

When she sees me though, she puts a stop order on all that third-rate stuff and tells the cook to go the limit.

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stop-offstop-out

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