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Investing Glossary:
Do Not Reduce Order (DNR Order)
Copyright 2009,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Do Not Reduce Order (DNR Order)
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| Definition: |
| Limit Order to Buy or to sell, or a Stop Limit Order to Sell that is not to be reduced by the amount of an ordinary Cash dividend On the Ex-Dividend date. A "do not reduce order" applies only to ordinary cash dividends, and not Stock dividends or rights.
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