A market order is an order directing a broker to buy or sell a specific security at the best available price.

Name: A market order is an order directing a broker to buy or sell a specific security at the best available price.
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A market order is an order that instructs a broker to buy or sell a security immediately at the current market price. It does not guarantee a specific price, but rather executes the order as quickly as possible at the best available price.

A Market Order Is an Order Directing a Broker to Buy