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Definition of 'Fill'
The action of completing or satisfying an order for a security or commodity. It is the basic act in transacting stocks, bonds or any other type of security.
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Investopedia explains 'Fill'
For example, if a trader places a buy order for a stock at $50 and a seller agrees to the price, the sale has been made and the order has been filled. The $50 price is the execution price, which also makes it the fill price - it is the price that allows the transaction to be completed.
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Ever wonder what happens behind the scenes when you buy or sell a stock? Read on and find out!
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Find out the various ways in which a broker can fill an order, which can affect costs.
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Follow a modern trade to see how this old strategy still captures profits today.
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