Plain-English definitions for the terms you'll encounter on your financial journey.
An order to buy or sell a security that remains active until it is executed or manually canceled by the investor.
Good 'Til Canceled is an order to buy or sell a stock that stays active on the market until you personally decide to cancel it or the trade is completed. It is like leaving a note at a store to set aside a specific item for you whenever it hits your target price, no matter how long it takes.