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Simple English definitions for legal terms

no-limit order

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A quick definition of no-limit order:

A no-limit order is a type of command or instruction given to a broker to buy or sell securities without any limits on the price. This means that the broker can buy or sell the securities at any price, regardless of the market price. It is different from a limit order, which specifies a certain price for the transaction. A no-limit order can be risky, but it can also lead to higher profits if the market price goes up or down significantly.

A more thorough explanation:

Definition: A type of order in which a buyer or seller does not set a limit on the price they are willing to pay or receive for a security.

Example: An investor wants to buy 100 shares of XYZ company, but they do not want to set a limit on the price they are willing to pay. They place a no-limit order, which means they are willing to pay any price to acquire the shares.

This example illustrates how a no-limit order allows the buyer or seller to be flexible with the price they are willing to pay or receive for a security. It can be risky because the price could end up being much higher or lower than expected, but it can also lead to a better deal if the market price is favorable.

nolens volens | nolissement

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Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
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