at limit

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An instruction to a broker to buy or sell shares, stocks, commodities, currencies, etc., as specified, at a stated limiting price (i.e. not above a stated price if buying or not below a stated price if selling). When issuing such an instruction the principal should also state for how long the instruction stands, e.g. for a day, a week, etc. Compare at best.

Subjects: Financial Institutions and Services.

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