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
- DO NOT REDUCE (DNR)
Stipulation added to a buy or sell order instructing a broker not to decrease the limit, stop, or stop-limit price orders by the amount of the cash dividend on the ex-dividend date. When a stock goes ex-dividend, its price is usually reduced by the amount of the dividend. A do not reduce order tells the broker to ignore these fluctuations and keep the order at the specified price.Back