Definition, Meaning & Synonyms
gtc
Acronym/Abbreviation
jee-tee-sea
Definition
A term commonly used in finance and trading, referring to ‘Good Till Canceled’.
Examples
- The trader placed a GTC order to sell his shares at a specific price.
- GTC orders can provide flexibility for long-term investors.
- Unlike day orders, a GTC order won’t expire at the end of the trading day.
Meaning
GTC typically describes an order to buy or sell a security that remains active until the order is filled or the trader cancels it.
Synonyms
- Open order
- Good until cancel
- Active order
