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Investing Glossary:
Good `til cancelled order (GTC)
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Good `til cancelled order (GTC)
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| Definition: |
| 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.)
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