stop-loss

\\ˈ ̷ ̷ˌ ̷ ̷\ adjective

Etymology: stop (I) + loss

: designed to prevent further loss

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/stop"laws', -los'/, adj.

designed or planned to prevent continued loss, as a customer's order to a broker to sell a stock if its price declines to a specific amount.

[1900-05]

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stopˈ-loss adjective (stock exchange)

Of or relating to an order to a stockbroker to sell shares when their value drops below a certain level, to minimize losses

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Main Entry: ↑stop

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stop-loss «STOP _LS, -_LOS», adjective.

of the nature of or having to do with a stop order: »

Stop-loss orders have not been much of a factor in the price decline (Wall Street Journal).

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adj. Finance

1) denoting or relating to an order to sell a security or commodity at a specified price in order to limit a loss

2) denoting or relating to a policy of the armed forces to forcibly retain members on active duty beyond their original agreed period of enlistment