stop order

noun

an order from a customer to a broker to sell a security if the market price drops below a designated level.
Also called stop-limit order, stop-loss order.
Compare limit order, market order.

Origin of stop order

First recorded in 1870–75

Words nearby stop order

stop down, stop in, stop knob, stop motion, stop off, stop order, stop out, stop payment, stop press, stop price, stop short

British Dictionary definitions for stop order

stop order

noun

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 called: stop-loss order