OR BETTER


Meaning of OR BETTER in English

Used in the context of general equities. Indication on the order ticket of a limit order to buy or sell securities at a price better than the specified limit price if a better price can be obtained; does not imply a not-held order , but rather puts more emphasis on executing at the limit if available.

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