GOOD 'TIL CANCELLED ORDER (G.T.C.)


Meaning of GOOD 'TIL CANCELLED ORDER (G.T.C.) in English

It means 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. (In contrast to a day order.)

Campbell R. Harvey. Hypertextual finance English glossary.      Английский словарь гипертекстовых финансов.