All Or Any Portion Order (AON) is a type of stock market order where the investor specifies that the entire order must be filled or none of it. Alternatively, the investor may specify that any portion of the order that can be filled immediately should be executed, and the remaining portion should be cancelled. This type of order is often used by investors who want to ensure that they receive the entire quantity of shares they are seeking to purchase or sell, or who want to avoid partial fills that may not meet their investment objectives.
The “All Or Any Portion Order” is a legal term used in the context of property division during a divorce or separation. It refers to a court order that allows for the sale or transfer of a specific asset or property, either in its entirety or in part, in order to divide the value between the parties involved.
This order provides flexibility to the court in determining how the property should be divided. It allows for the sale of the entire property if it is deemed necessary or fair, or alternatively, it permits the division of the property into portions that can be allocated to each party.
The purpose of the All Or Any Portion Order is to ensure a fair and equitable distribution of assets between the parties involved in the divorce or separation. It allows the court to consider various factors, such as the financial needs and contributions of each party, in determining the most appropriate method of property division.
Overall, the All Or Any Portion Order provides the court with the authority to make decisions regarding the sale or division of property, ensuring a fair and just outcome for all parties involved.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 29th March 2024.
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