stop order
noun
1.
an order from a customer to a broker to sell a security if the market price drops below a designated level.
Also called
stop-limit order
,
stop-loss order
.
Compare
limit order
,
market order
.
Origin
1870-75
British Dictionary definitions for
stop order
stop order
noun
1.
(
stock exchange
) an instruction to a broker to sell one or more shares when the price offered for them falls below a stipulated level
Also called
stop-loss order