Stock Market for Beginners: Essential Terms Every Investor Should Know
Areas of Personal Finance
- There are several aspects to personal finance, they easily fit into one of five categories:
- Income
- Spending
- Savings
- Investing
- Protection
AON
All or none : An order to purchase or sell a stock that must be filled in its whole or it will not be filled at all. The order will not be completed if all shares are not available at the same moment and at your limit price or greater.
Ask Price
The specific price at which a seller wants to sell its shares is called Ask price.
Auction
When a seller is unable to deliver the securities he has sold, the buyer submits a buying-in application, which allows the securities to be purchased from the market and delivered to him. Auction is the term used for the process of purchasing securities on behalf of a defaulter (seller).