Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

fill-or-kill order

Read a random definition: Race-notice statute

A quick definition of fill-or-kill order:

A fill-or-kill order is a type of stock market order that must be completed immediately or canceled. It is used by investors who want to buy or sell a certain amount of stock at a specific price. If the order cannot be filled right away, it is automatically canceled. This type of order is different from other types of orders, such as limit orders or market orders, which may take longer to execute or may not be filled at the desired price.

A more thorough explanation:

A fill-or-kill order is a type of stock market order that must be executed immediately or canceled. If the order cannot be filled immediately, it is automatically canceled. This type of order is used by investors who want to buy or sell a stock quickly and at a specific price.

For example, if an investor wants to buy 100 shares of XYZ stock at $50 per share, they can place a fill-or-kill order. If the order cannot be filled immediately at $50 per share, it will be canceled. This ensures that the investor does not end up buying the stock at a higher price than they intended.

Another example is if an investor wants to sell 500 shares of ABC stock at $75 per share. They can place a fill-or-kill order, and if the order cannot be filled immediately at $75 per share, it will be canceled. This ensures that the investor does not end up selling the stock at a lower price than they intended.

fill a blank | filum

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.