Trading Session

Closing Price
The closing price, also known as the closing quote, refers to the price at which the last transaction of a trading session on an organized securities exchange occurs. This price is critical for valuation purposes in various financial contexts, such as charitable contributions and estates.
Trading Limit
A trading limit, also known as a fluctuation limit, is the maximum amount that the price of a commodity future, option, or listed security may fluctuate during a trading session.

Accounting Terms Lexicon

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