order minus what is
Meaning of Buy minus order explanation. What is order to buy a stated amount of a stock, provided.

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Buy minus order definition

Meaning BUY MINUS ORDER: In the context of general equities, rare market or limit order to buy a stated amount of a stock, provided that the price to be obtained is not higher than the last sale if the last sale is a minus or zero-minus tick, and is not higher than the last sale minus the minimum fractional change in the stock if the last sale is a plus or zero-plus tick. (If limit, then the buy cannot occur above the limit, regardless of tick.)

More terms such as Buy minus order in Dictionary B.

Definition Bailout Bond:
Examples A bond issued by the Resolution Funding Corporation (Refcorp) to save the failing savings and loan associations in the late 1980s and early 1990s buy minus order definition.
Definition Blue-Chip Company:
Examples of general equities. Large and creditworthy company. Company renowned for the quality and wide acceptance of its products or services, and for its ability to make money and pay dividends. Gilt-edged buy minus order explain.
Definition Blue List:
Examples Daily financial publication featuring bonds offered for sale by dealers and banks that represent billions of dollars in par value. Also available on-line at www.bluelist.com buy minus order what is.
Definition Balloon Interest:
Examples In the context of serial bond issues, the elevated coupon rate on bonds with late maturities buy minus order meaning.
Definition Back Fee:
Examples The fee paid on the extension date if the buyer wishes to continue the option buy minus order abbreviation.
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