A price order , below market if a buy or above market if a sell, that automatically becomes a market order if the specified price is reached.
MARKET-IF-TOUCHED (M.I.T.)
Meaning of MARKET-IF-TOUCHED (M.I.T.) in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012