Business and Personal Finance Dictionary

# 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 

• DK
  
  Acronym for "Don’t Know." A security is said to be "DK'd" when it is delivered to the purchaser or more typically the purchaser's correspondent but is rejected because the purchaser either doesn't know or doesn't agree with one or more of the aspects of the trade. For example, a trade may be DK'd because of an incorrect price, amount, or CUSIP number.
  
  Back