You call your broker to sell a stock or other security, but you only want the sale to go through if the broker can get you at least a certain price. You put in a sell limit, so the broker can only sell at or above the price you want.
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You call your broker to sell a stock or other security, but you only want the sale to go through if the broker can get you at least a certain price. You put in a sell limit, so the broker can only sell at or above the price you want.