Examlex
What is "Umami?"
Initial Margin
Initial margin refers to the percentage of the purchase price of securities (e.g., stocks or futures) that an investor must pay for with their own funds when using a margin account.
Limit-Buy Order
An order to purchase a security at or below a specified price, ensuring the buyer pays no more than the predetermined price.
Limit-Sell Order
A type of stock market order where a seller sets the minimum price they are willing to accept for a security, and the trade only executes if the market price meets or exceeds that price.
Stop-Loss
An order placed with a broker to buy or sell once the stock reaches a certain price, designed to limit an investor's loss on a security position.
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