stop-limit order

An order that waits for a trigger price but refuses to trade worse than a limit, so it might not happen at all.

The fuller meaning

A stop order that becomes a limit order when triggered: it caps the fill price but may not fill at all if price jumps past the limit. Traders weigh the risk of a bad fill against the risk of no fill, and cut size before known events.

stop-limit order, also called stop-limit.

stop-limit order

The fuller meaning

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