Do Not Reduce - DNR

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DEFINITION of 'Do Not Reduce - DNR'

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.

INVESTOPEDIA EXPLAINS 'Do Not Reduce - DNR'

When a stock goes ex-dividend the price is usually reduced by the amount of the dividend.

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