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A limit order Is an order that can be executed at the best available price once a bid or offer is made at that particular

A limit order

Is an order that can be executed at the best available price once a bid or offer is made at that particular price or a less favorable price.
Is an order that can be executed at a specified price or one more favorable to the investor.
Is an order that can be executed at the best available price after a trade occurs at a specified price.
Is an order that can be executed immediately at the best price available in the market.

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