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Good til cancelled order (GTC)
The financial definition for Good til cancelled order (GTC):
An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30-60 days, at which the G.T.C. order expires if not restated. (Different from a day order.)
Similar MatchesOpen (good till cancelled) order (GTC order)Open (good till cancelled) order (GTC order) Order to buy or sell a security that stays active until
it is completed or the investor cancels it.
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