What is the meaning of Market if Touched?

Market if Touched is an order that becomes market action when a price is hit. Buy Market if Touched orders are activated when the market price declines to the stated level. Then the broker is authorized to buy to satisfy the quantity. This is different than a limit order where all the quantity must be executed at the stated price or better.

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APABarry Goldsmith. (2010). market if touched. Retrieved October 1, 2026, from http://smartdefine.org/market_if_touched/definitions/1157819
ChicagoBarry Goldsmith. 2010. "market if touched" http://smartdefine.org/market_if_touched/definitions/1157819 (accessed October 1, 2026).
HarvardBarry Goldsmith 2010, market if touched, Smart Define, viewed 1 October, 2026, <http://smartdefine.org/market_if_touched/definitions/1157819>.
MLABarry Goldsmith. "market if touched" 21 October 2010. Web. 1 October 2026. <http://smartdefine.org/market_if_touched/definitions/1157819>