Define: Kill

Business, Legal & Accounting Glossary

Definition: Kill



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Full Definition of Kill


A kill is defined as a cancellation of an order that has already been placed but not yet executed. This term is typically associated with a “fill or kill” command, which is an order given to a broker that requires immediate action or it must be cancelled, a kill. A fill or kill order is initiated by an investor who desires an immediate fill, but at a specific price. A fill or kill is typically requested for a larger quantity of stock. More often, institutions are concerned that a larger order may adversely impact the market and therefore utilize the fill or kill order option. A kill is the complete cancellation of an existing order, not to be confused with a separate order known as a stop. A stop order differs from a kill in that a stop is an order to buy or sell at a specified price. Examples of other fill or kill orders can include market or limit orders that require execution immediately. Fill and kill orders are not commonly used except under special circumstances.


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Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/kill/
Modern Language Association (MLA):
Kill. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. April 08, 2020 https://payrollheaven.com/define/kill/.
Chicago Manual of Style (CMS):
Kill. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/kill/ (accessed: April 08, 2020).
American Psychological Association (APA):
Kill. PayrollHeaven.com. Retrieved April 08, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/kill/

Definition Sources


Definitions for Kill 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: 10th February, 2020