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LSDefine

Simple English definitions for legal terms

stop order

Read a random definition: gross neglect of duty

A quick definition of stop order:

Stop Order: A stop order is a type of order that is used in the stock market to prevent further losses. It is an instruction given to a broker to sell a stock when it reaches a certain price. This is done to limit the amount of money that an investor can lose on a particular stock. For example, if an investor buys a stock at $50 and sets a stop order at $45, the broker will automatically sell the stock if it falls to $45 or below. This helps to protect the investor from further losses.

A more thorough explanation:

A stop order is a type of order that is placed with a broker to sell or buy a security once it reaches a certain price. It is used to limit losses or lock in profits.

For example, if you own a stock that is currently trading at $50 per share, but you are worried that it might drop in value, you can place a stop order at $45 per share. If the stock drops to $45, your broker will automatically sell the stock to limit your losses.

Another example is if you want to buy a stock, but only if it reaches a certain price. You can place a stop order to buy the stock once it reaches that price.

Stop orders are useful for investors who want to protect their investments or take advantage of market movements without constantly monitoring the market.

stop-loss order | stoppage

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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 ...... :(
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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
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
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