Contingent Order

Business, Legal & Accounting Glossary

Definition: Contingent Order


Contingent Order


What is the dictionary definition of Contingent Order?

Dictionary Definition


An order which is to be executed only if another order is executed first. An example of a contingent order would be to sell one specific security if another specific security has been bought. Brokers often do not like to work with these orders, given the uncertainty and extra work involved.


Related Phrases


alternative order


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April 19, 2024 https://payrollheaven.com/define/contingent-order/.
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Contingent Order. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/contingent-order/ (accessed: April 19, 2024).
American Psychological Association (APA):
Contingent Order. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/contingent-order/

Definition Sources


Definitions for Contingent Order are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 23rd October, 2021 | 0 Views.