Buy Minus


DEFINITION of 'Buy Minus'

A type of order where a client instructs a broker to purchase a stock at a price below the current market price. Buy minus orders are used when a trader is hoping to acquire a stock when its price declines briefly. Traders can further restrict buy minus orders by specifying a limit, or the highest price at which the stock should be acquired.


An example is placing a buy order at $25 for a stock that is currently trading at $27. A related concept is the sell plus order, in which a client instructs a broker to sell a stock at a price above the current market price. Traders can also place restrictions on the minimum price at which the stock can be sold with a sell plus limit order.

  1. Buy Signal

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  3. Defensive Buy

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  4. Sell Plus

    An order to sell a quantity of stock at a price that is above ...
  5. Order

    An investor's instructions to a broker or brokerage firm to purchase ...
  6. Buy

    1. A recommendation to purchase a specific security. A buy rating ...
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