scorecardresearchLimit Order vs. Market Order: What's the difference?

Limit Order vs. Market Order: What's the difference?

Updated: 06 Jun 2022, 05:25 PM IST
TL;DR.
When an investor wants to buy or sell a security, but not at the prevailing market price, they can put a limit below which (or above which) they won’t sell (or buy). This is known as a limit order. We decode this for you in detail
A limit order is a type of order to buy or sell a security at either a predefined price or better than that.

A limit order is a type of order to buy or sell a security at either a predefined price or better than that.