Investor Glossary-good til canceledInvestor Glossary-good til canceledInvestor Glossary-good til canceledInvestor Glossary-good til canceledInsightful stock market charts - Click here
investor
  Categories      # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z     
Term of the Day Email this Definition Link to this Definition

Good Til Canceled

FYI - For 2011, Dow up, Dogs of the Dow up more (double digits)
 

A good til canceled order is an order to buy or sell a security that remains in effect until the good til canceled order is either executed by a broker or canceled. A good til canceled order is not necessarily perpetual (some plans do offer this option, though); brokers usually set a limit of 30, 60, or 120 days, after which they will cancel it or notify the customer about reactivating it. Whether a broker can cancel a good til canceled order depends on the type of plan the customer chooses. A good til canceled order is also called an open order. A good til canceled order is frequently used when an investor puts a price restriction on his transaction.



Rate this Good Til Canceled definition...



Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, FICO score, EBITDA, labor relations, option premium, 1035 exchange, 144a, deferred revenue, limit order, balance sheet, ex-dividend date, dividends payable, command economy, current ratio, phantom income, required rate of return, average price per share, real GDP, FTSE, stock split, deferred tax, diluted share, margin rate, class C shares, debt service coverage, minority interest, open position, annual return, ex-dividend, 401a, risk management, reverse mortgage, covered put, in escrow, LIBOR, implied volatility, wholly-owned subsidiary, irrevocable trust, quality assurance, stock market close, liquidity ratio, cancelled check, 1031 exchange, APR, Key Rate Duration, Zero Cost Collar, per diem, retained earnings, VIX


Home | Term of the Day | Suggest a Term
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Chart of the Day | Dogs of the Dow | Art of the Home
©2004-2012 Investor Glossary - All rights reserved - Terms of Use