Dictionary of Business Terms: firm order
firm order
Commerce: written or verbal order that has been confirmed and is not subject to cancellation.
Securities: (1) order to buy or sell for the proprietary account of the broker-dealer firm; (2) buy or sell order not conditional upon the customer's confirmation.
Dictionary of Finance and Investment Terms: firm order
firm order
Commercial transaction: written or verbal order that has been confirmed and is not subject to cancellation.
Securities: (1) order to buy or sell for the proprietary account of the broker-dealer firm; (2) buy or sell order not conditional upon the customer's confirmation.
