A BID on a LIMIT ORDER that is lower than the current price, or an ASK that is higher than the current price. The order is held for later execution unless it is specifically identified as an ALLORNONE ORDER (i.e., FILL OR KILL).
Archive | A RSS feed for this section
When a buy order is lower and the sell order is higher than the current market value.
A crop sown before the expiration of a tenancy, which cannot ripen until after its expiration, to which, however, the tenant is entitled. Broom, Max. 412.
In old English statutes. A measure of wine, or vessel containing forty gallons.
In logic. A self-evident truth; an indisputable truth.
1. a projection that shows an ojects three dimensions. The axes are oriented relative to the projected surface. 2. A 3d drawing of a building based on a floor plan. The lines are parallel so perspective is not considered.
In French law. This term signifies one to whom a right has been assigned, either by will, gift, sale, exchange, or the like; an assignee. An ayant cause differs from an heir who acquires the right by inheritance. 8 Toullier, n. 245. The term Is used in Louisiana.
In old Scotch law. Eyre; a circuit, eyre, or iter.
In Spanish law. A congress of persons; the municipal councl’ of a city or town. 1 White, Coll. 416; Friedman v. Goodwin, 9 Fed. Cas. 818.
A term used in heraldry, signifying blue.
Featuring Black’s Law Dictionary
Enter your email address to stay current on legal news and receive special offers