Meaning DAY ORDER: In the context of general equities, request from a customer to either buy or sell stock, that, if not cancelled or executed the day it is placed, expires automatically. All orders are day orders unless otherwise specified. Traders often make calls before the opening to check for renewals
More terms such as Day order in Dictionary D.
- Definition Due Diligence Meeting:
- Examples Meeting legally required to be held by an underwriter to enable brokers to question a new issuer about an upcoming issue day order definition.
- Definition Deduction:
- Examples An expense that is allowable as a reduction of gross taxable income by the IRS e.g., charity donations day order explain.
- Definition Dollar Bears:
- Examples Traders who capitalize on a falling dollar by buying other foreign currencies directly day order what is.
- Definition Deferred Payment Annuity:
- Examples An annuity that stipulates payments be made to the annuitant at a later date, such as when the annuitant reaches a certain age day order meaning.
- Definition Discount Rate:
- Examples that the Federal Reserve charges a bank to borrow funds when a bank is temporarily short of funds. Collateral is necessary to borrow, and such borrowing is quite limited because the Fed views it as a day order abbreviation.
