HomeDefinitionsCompareDebt Day around orderThe financial definition for Day around order:A day order that supersedes (cancels and ../../finance-glossary/s) the previous order by altering its size or price limit. Similar MatchesAround usAround usUsed in context of general equities. See: Away from you. Designated order turnaround system (DOT)Designated order turnaround system (DOT)Computerized order entry system that allows orders to buy or sell large baskets of stock to be transmitted immediately to the specialist on the exchange, where execution will occur quickly, depending on the basket size. Also used for odd-lot transactions to occur at the prices and quantities available. See: AOS. TurnaroundTurnaroundSecurities bought and sold for settlement on the same day. Also describes a firm that has been performing poorly, but changes its financial course and improves its performance. Further SuggestionsTurnaround timeWraparound Wraparound annuity Wraparound mortgage Click to compare definitions of Day around order Click to view definitions beginning da |