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Instruction given to a dealer to deal at a specific rate or better. Hence-“at or better.”
At Or Better
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Common Trading Terms
Related Terms
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The bid/ask spread is the difference between the bid and ask price. The “ask” price is also known as the...
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A SPAC is a Special Purpose Acquisition Company, a shell that is created for the specific purpose of...
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Secured Overnight Financing Rate (SOFR) is the secured overnight funding rate in USD. It is a rate...
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Liquidity describes the extent to which an asset can be bought and sold quickly, and at stable prices, and...
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A forward contract is a non-standardized contract between two parties, who enter into an agreement to...
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