Lock limit is a specific price movement set by trading exchanges that if breached can result in a trading halt of the instrument beyond the lock limit price.
Low-ball offer is a slang term nominating an offer which is much below the seller’s asking price.
The long run is a period of time in which all factors of the matter at hand are variable.
Limit move is a maximum amount of movements that the price for a commodity future is allowed to make in one day.
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