© 2015 Shmoop University, Inc. All rights reserved.

Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Market If Touched


A market if touched (MIT) order is something you give to your broker if you want to buy (or sell) stocks or securities at a certain price. If the price reaches (or touches) a specific number, the broker can go ahead and buy (or sell) at that market price.