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Definition of Stop loss order
1. Noun. (stock market) A conditional order placed with a stockbroker (or similar) to close one's position if the market drops to a specified price level. ¹
¹ Source: wiktionary.com
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1. Noun. (stock market) A conditional order placed with a stockbroker (or similar) to close one's position if the market drops to a specified price level. ¹
¹ Source: wiktionary.com