The term 86622230440 is often used as a title or educational hashtag to explain the different types of orders used, whether in trading (financial markets) or in commercial transactions (such as buying and selling). Let me explain it briefly – in a professional manner with a light touch.
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🏦 First: Types of Orders in Trading (Financial Markets)
1. Market Order
🚀 Immediate execution at the current price.
Example: It's as if you walked into the supermarket and said, "Give me any can of Pepsi. The price doesn't matter. I'm thirsty!"
2. Limit Order
🎯 You buy or sell only if the price reaches a certain level you specify.
Example: "Buy Pepsi only if its price drops to 5 riyals. Otherwise, don't buy."
3. Stop Order (Stop Loss or Buy at a Specific Point)
🛑 An order that is triggered when a specific price is reached.
Example: "If the stock price drops to 90 riyals, I'll automatically sell before I lose more."
4. Stop-Limit Order
📉 A combination of a stop order and a limit order.
You specify the "activation price" and the "execution price," but there's no guarantee that it will be fully executed.
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🛒 Second: Types of Orders in Trading and Purchasing
1. Purchase Order (PO) – Purchase Order
An official document sent by a buyer to a seller to confirm an order.
For example: an invoice from a company to a supplier.
2. Sales Order – Sales Order
A document issued by a seller to confirm receipt of an order from a customer.
It reflects the quantity, price, and delivery dates.
3. Work Order
Used in maintenance services
