good till cancelled

/ˌgυd tɪl 'kænsəld/ noun
an order given to a broker to buy or sell as instructed until the order is cancelled.
Abbreviation GTC

Dictionary of banking and finance. 2015.

Look at other dictionaries:

  • good till cancelled — ( GTC) A qualifier for any kind of order extending its life indefinitely; i.e., until filled or canceled. The CENTER ONLINE Futures Glossary * * *    ► See GTC …   Financial and business terms

  • good-till-cancelled — ( GTC) A qualifier for any kind of order extending its life indefinitely; i.e., until filled or canceled. The CENTER ONLINE Futures Glossary …   Financial and business terms

  • good-till-cancelled order — UK US UK (US good til canceled order) noun [C] (ABBREVIATION GTC order) STOCK MARKET ► an investor’s instruction to a broker to buy or sell shares, etc. at a particular price at any time, unless the instruction is later stopped …   Financial and business terms

  • GTC order — ( good til cancelled order) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30 60 days, at which the G.T.C. order expires if not restated. (Different from a day order) * * * GTC order… …   Financial and business terms

  • open order — (Good till Cancelled order , GTC order) order to buy or sell a security that stays active until it is completed or the investor cancels it. Bloomberg Financial Dictionary An order that remains good until filled, canceled, or eliminated. Chicago… …   Financial and business terms

  • GTC — Good Till Cancelled (Business » General) ** Generic Token Card (Computing » Networking) * Game Tool Chest (Community » Sports) * Global Touring Challenge (Community » Sports) * Gas Transportation Company (Business » Products) * General Telephone… …   Abbreviations dictionary

  • GTC — See good till cancelled ( or good till cancelled) ( good til cancelled order) An order to buy or sell stock that is good until you execute or cancel it. Brokerages usually set a limit of 30 60 days, at which the G.T.C. order …   Financial and business terms

  • GTC — abbreviation good till canceled; good till countermanded * * * abbrev 1. General Teaching Council (GTCE for England; GTC(NI) for Northern Ireland; GTCS for Scotland; GTCW for Wales) 2. Good till cancelled (on an order for goods, securities, etc)… …   Useful english dictionary

  • under orders to do sth — ► a person or organization that is under orders to do something has been told officially to do something: »Commercial banks are under orders not to begin selling the new coins to customers until Thursday. → See also ADMINISTRATION ORDER(Cf.… …   Financial and business terms

  • Limit order — An order to buy a stock at or below a specified price or to sell a stock at or above a specified price. For instance, you could tell a broker Buy me 100 shares of XYZ Corp at $8 or less or to sell 100 shares of XYZ at $10 or better. The customer… …   Financial and business terms

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