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What term means in time order?

Updated: 11/10/2022
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Aayushi4645

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12y ago

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In order to answer your question, we need to understand the context. The term "time order," or possibly "in time order," can mean different things. I've provided two of the most common meanings of the term here:

1. If we are discussing "time order" in regard to financial markets and investments, then this is a specific type of order that must be placed at a particular time and date, down to some level or precision (for example, within two minutes of the specified time). If the order is not able to be placed within that window, the orderer's instructions are then followed in how to dispose of the order - it might be cancelled altogether or it might be changed into a "limit order" which is where the transaction is executed, instead of being based on the original timing requirements, it is modified to execute when a given limit (for example, a maximum or a minimum price) is reached.

2. If we are discussing the sequence in which some "things" are itemized (such as historical events, or the steps in a recipe), and the sequencing is done using some temporal attributes (time flows forever forward, for example, or you cannot garnish a plated dish of food if you have not cooked it in a heated over and placed it upon the plate prior to this), then we are discussing a chronology. The word "chronological" is used to refer to things that are itemized in the same order as they have, should, or will happen, based upon the flow of time.

For example, to create a list of major US wars (the "things" we are listing are wards) we can sequence them based upon the order in which they took place in history, from the oldest to the most recent (the temporal attribute is the chronology), then we will have created a chronology of war ( a list of wars in chronological sequence).

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