Glossary of Stock Market
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Limit Order
An order placed with a brokerage to buy or sell a set number of shares at a specified price or better.
Liquidity
The degree to which an asset or security can be bought or sold in the market without affecting the asset's price.
Long Term
Holding an asset for an extended period of time. Depending on the type of security, a long-term asset can be held for as little as one year or for as long as 15 years or more.
Losing Your Shirt
In the investment world, this expression is used to describe a very bad investment that causes an investor to lose everything he or she has invested.
