Usually means: Maximum allowable price increase daily.
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We found 7 dictionaries that define the word limit up:

General (3 matching dictionaries)
  1. limit up: Wiktionary
  2. limit up: Dictionary.com
  3. Limit Up (film), Limit Up: Wikipedia, the Free Encyclopedia

Business (3 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Limit Up: Investopedia

Slang (1 matching dictionary)
  1. Limit Up: Urban Dictionary

Definitions from Wiktionary (limit up)

noun:  (finance) Condition where the price of the commodity has risen by the maximum daily amount permitted by the exchange.

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