Good-Til-Canceled (open) Order (GTC) - An order that does not expire at the end of the day it is entered. Instead, it remains in force until it is either executed or canceled.
Open order - See Good-til-canceled.
Open outcry - The method of trading publicly so that each trader has a fair chance to buy or sell.
 See also: Balance Sheet, Delivery, Futures contract, Hedge, Put
  
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