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A credit limit is the maximum amount of credit you receive from a financial institution. Products like credit cards and lines of credit have credit limits.
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A limit order is used to buy or sell a security at a pre-determined price and will not execute unless the security's price meets those qualifications.
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An average selling price is the price at which a certain class of good or service is typically sold.
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Investing is allocating resources, usually money, with the expectation of earning an income or profit. Learn how to get started investing with our guide.
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A line of credit is an arrangement between a bank and a customer that establishes a preset borrowing limit that can be drawn on repeatedly.
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A stop-limit order is a conditional trade over a set time frame that combines features of stop with those of a limit order and is used to mitigate risk.
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A buy limit order is an order to purchase an asset at or below a specified price. The order allows traders to control how much they pay for an asset, ...
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