An order to a broker to buy or sell a security at the
best price they can get above (for a sale) or below
(for a purchase) some price specified by the investor.
liquidity
The liquidity of a stock is the ease with which the
market can absorb volume buying or selling, without
dramatic fluctuation in price.
liquidity ratio
A measure of the trading volume of a security associated
with a 1 percent change in its price. The higher the
ratio, the more shares that can be traded with little
change in price.
