Business terms and jargon explained. Your business dictionary

What is GTC

This is an acronym for "Good-till-Cancelled". When making buy or sell order in a stock exchange not all orders are executed as there is no buyer for the seller or seller for the buyer at that price. That order is then left in limbo until it is met or is cancelled.

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Term created / updated 2014-06-11 14:29:33

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