Definitions for "Circuit Breakers"
Finance By Example (Archives): SEC Eases Stock Trading Curbs
Mandatory trading halts as a result of violent market movements. On the NYSE, circuit breakers kick in when the DJIA rises or falls by 10% of its average value in the previous month. Trading is halted for half an hour to allow market participants to regroup.
measures used by stock exchanges during large sell-offs; after market indices have fallen a certain percentage, the exchanges halt trading for a certain amount of time, with a goal of averting panic selling.
are a device to help alleviate the burden of property taxes. Senior citizens or other residents whose income is below a certain amount get, for example, income tax refunds when the property taxes paid exceed a certain percentage of income.