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Do Not Reduce - DNR
What does it mean?
A trade type used on an buy or sell order. It tells the broker not to decrease the limit price on buy-limit and sell-stop orders on the record date of a cash dividend.
In Other Words...
When a stock goes ex-dividend the price is usually reduced by the amount of the dividend.
Related Links
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Related Terms
Do Not Increase (DNI) | Ex-Dividend | Order
1 |
A | B |
C | D |
E | F |
G | H |
I | J |
K | L |
M | N |
O | P |
Q | R |
S | T |
U | V |
W | X |
Y | Z
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