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Finance Dictionary and Glossary of Investment Terms
GTC
Definition 1.
Good Til Canceled. An order to buy or sell which remains in effect until it is either executed or canceled (although brokers usually set a limit of 30 to 60 days, after which the broker will automatically cancel it or ask the customer if he/she wants to keep it active). also called open order.
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Definition 2.
See: Good 'til cancelled order
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