Buy Order
/ˈbaɪ ˌɔrdər/
Definitions
- (n.) An instruction submitted by an investor or trader to purchase a specified quantity of a security or commodity at a stated price or the best available price.
The trader placed a buy order to acquire 100 shares of the company.
Forms
- buy order
- buy orders
Related terms
See also
Commentary
In legal and financial contexts, a buy order reflects an intent to contract for purchase but becomes binding only upon execution under specified conditions.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.