scale order

scale order definition - business

scale order

A specialized brokerage order that requests multiple executions at varying prices for the same security; for example, when an investor who wishes to liquidate a security position in a rising market spaces orders to sell specified numbers of shares at ten-cent price intervals.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.