Limit Order
InvestingAn order to buy or sell a security at a specified price or better, which may not execute if the price isn't reached.
Example
Example: Consider an investor building a $100,000 portfolio. Limit Order — an order to buy or sell a security at a specified price or better, which may not execute — directly affects investment strategy and long-term returns. Getting this concept right can mean tens of thousands of dollars in difference over a 20-year period. Model your portfolio with our investment calculator.