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Finance Dictionary and Glossary of Investment Terms
Contingency order
Definition 1.
In the context of general equities, order to buy one security, if the trader can sell another, usually given that certain price limits or conditions reach a certain level. Swap, switch order.
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Definition 2.
An order that is executed only if one or more specified conditions are met. Possible conditions may include the price of another security or the completion of another order. Brokerages do not have to accept contingency orders, but some do.
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