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Or better
Or betterUsed 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. RELATED TERMS-------------------------------------- Indication () Notice given by a dealer (through Autex) or customer of an interest in buying or selling stock, sometimes including specific volume and price. 2) Approximation of where a specialist sees buy and sell interest to tighten the range to an opening price. Order Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. Ticket An abbreviation of order ticket. Securities Saleable papers, traded on stock exchanges, that yield an income (dividend, interest, etc.). Price The cost of a good or service to the consumer. Better BETTER is a credit union with head office in MARION, IN SIMILAR TERMS-------------------------------------- PREVIOUS AND NEXT TERMS-------------------------------------- Options Clearing Corporation (OCC) Applies to derivative products. Financial institution that is the actual issuer and guarantor of all listed option contracts. Options contract A contract that, in exchange for the option price, gives the option buyer the right, but not the obligation, to buy (or sell) a financial asset at the exercise price from (or to) the option seller within a specified time period, or on a specified date (expiration date). Options contract multiple A constant, set at $100, that when multiplied by the cash index value gives the dollar value of the stock index underlying an option. Options on physicals Interest rate options written on fixed income securities, as opposed to those written on futures contracts. Options Price Reporting Authority A committee of representatives from participating exchanges responsible for providing last-sale options quotations and information from the participating exchanges. Or better Oracle of Omaha A nickname for Warren Buffett, who is arguably one of the greatest investors of all time. Oral contract A contract not recorded on paper or on computer, but made vocally which is usually enforceable. Order Instruction to a broker-dealer to buy, sell, deliver, or receive securities or commodities that commits the issuer of the "order" to the terms specified. Order book The automated trading system introduced in 1997 for the largest companies quoted on the London Stock Exchange. Order Book Official The exchange employee in charge of keeping a book of public limit orders on exchanges utilizing the "marker-maker" system, as opposed to the "specialist system", of executing orders. We thank you for using the Financial Dictionary to search for Or better. If you have a better definition for Or better than the one presented here, please let us know by making use of the suggest a term option. This definition of Or better may be disputed by other professionals. Our attempt is to provide easy definitions on Or better and any other medical topic for the public at large.
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