Conditional Order Definition.

A conditional order is an order to buy or sell a security that is only executed if the specified condition is met. For example, a conditional order to buy shares of XYZ stock might only be executed if the stock’s price falls below $10 per share. Conditional orders are often used by traders to automatically … Read more

What Is a Yuppie?

A yuppie is a young professional who has a well-paying job and who lives in an affluent area. Yuppies are often associated with an active lifestyle and a desire for material possessions. What was the Strategic Defense Initiative Apush? The Strategic Defense Initiative (SDI) was a proposed missile defense system intended to protect the United … Read more

Continuous Audit Definition.

A continuous audit is an audit that is conducted on an ongoing basis, rather than being completed in one single engagement. This type of audit can be conducted either internally or externally, and may be performed on a monthly, quarterly, or annual basis. For publicly-traded companies, continuous audits are typically conducted by the company’s independent … Read more