Definitions for "Good 'til canceled"
Keywords:  gtc, cancel, schwab, restated, calendar
An order to buy or sell a security that stays in effect until executed or cancelled by the investor.
An order to sell or buy stock that remains active until the order is either completely executed or canceled.
An order to buy or sell a security that remains open until it is either executed or canceled. Typically, there is a limit of 60 calendar days.