Meaning OR BETTER: Used in the context of general equities. Indication on the order ticket of a limit order to buy or sell securities at a price better than the specified limit price if a better price can be obtained. Does not imply a not-held order, but rather puts more emphasis on executing at the limit if available
More terms such as Or better in Dictionary O.
- Definition Official Reserves:
- Examples Holdings of gold and foreign currencies by official monetary institutions or better definition.
- Definition Offer Wanted:
- Examples of general equities. Notice by a potential buyer of a security that he or she is looking for supply from a potential seller of the security, often requiring a capital commitment. Antithesis of bid or better explain.
- Definition Odd-Lot Short-Sale Ratio:
- Examples The percentage of total odd-lot sales that is composed of short sales or better what is.
- Definition Overheating:
- Examples An economy that is growing very quickly, with the risk of high inflation or better meaning.
- Definition Operating Exposure:
- Examples Degree to which exchange rate changes, in combination with price changes, will alter a company's future operating cash flows or better abbreviation.