noun
Meaning 1
A conditional order placed with a stockbroker (or similar) to close one's position if the market drops (or rises in some cases) to a specified price level.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance, stock-market
Examples
- The shares are currently trading at $4.40 and he has issued a stop loss order to sell if they fall to $4.20.
Meaning relationships
Synonyms: stop order
Antonyms: none provided