Buy or sell limit order will expire at close of trading if not executed.
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Good til Canceled
Buy or sell limit order remains active until you cancel it.
Good Till Canceled
An order placed with a broker meaning that it is good until either filled or canceled. In practice, this order has to be re-confirmed twice annually.
Good-Till-Cancelled (GTC) Order
A GTC order will remain in the system until the date that it is filled or until a maximum of 90 calendar days from date of entry, whichever happens first. This type of order is also referred to as an open order. A Participating Organization can cancel a GTC order at any time.
Good-Till-Date (GTD) Order
A GTD order will remain in the system until it is either filled or until the date specified, at which time it is automatically cancelled by the system. This is another kind of open order. A Participating Organization can cancel a GTD order at any time.
Goodwill
The amount of a company’s shareholder’s equity that exceeds the value of its hard assets.
Gross Margin
Gross profit divided by sales.
Gross Profit
Profit a company makes on goods and services before considering overhead expenses. Gross profit is sales minus cost of sales.
Float Quoted Market Value (QMV)
The last price multiplied by the number of outstanding shares.
Floating Rate Security
A security whose interest rate or dividend changes with specified market indicators. A floating rate is one that is based on an administered rate, such as a prime rate.