Discover how zero-floor limits protect against fraud by requiring transaction authorization, regardless of size. Learn how they work and see a real-world example.

David McMillin writes about credit cards, mortgages, banking, taxes and travel. Based in Chicago, he writes with one objective in mind: Help readers figure out how to save more and stress less. He is ...

A buy limit order is an order to buy a particular stock or other security at or below a stipulated price. This type of order enables traders to place a limit on how much they will pay for that asset.