   
|
|
Kill
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
A kill is defined as a cancellation of an order that has already been placed but not yet executed. This term is typically associated with a "fill or kill" command, which is an order given to a broker that requires immediate action or it must be canceled, a kill. A fill or kill order is initiated by an investor who desires an immediate fill, but at a specific price. A fill or kill is typically requested for a larger quantity of stock. More often, institutions are concerned that a larger order may adversely impact the market and therefore utilize the fill or kill order option. A kill is the complete cancellation of an existing order, not to be confused with a separate order known as a stop. A stop order differs from a kill in that a stop is an order to buy or sell at a specified price. Examples of other fill or kill orders can include market or limit orders that require execution immediately. Fill and kill orders are not commonly used except under special circumstances.
Rate this kill 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: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |