An instruction to void a previously placed order that has not yet been filled. A market order cannot be canceled. In the case of an order that has been partially filled, an order to cancel will be applied to the unfilled portion of the original order.
Browse by Subjects
best effort
limit on close (LOC)
set against
either-or order
offsetting error
See All Related Terms »

Cliquet option
Commission House
negotiable paper
asset-backed security