Skip to content

Pass Rate

Over 25 years and 400,000 exams

Assured Success

If you use our practice exams

Chat & Call Support

We are with you every step of the way

Definition of Do Not Reduce (DNR)

Do Not Reduce (DNR) is an order qualifier for an order placed under the market that stipulates that the price of the order is not to be reduced for the distribution of ordinary dividends.

Applying "Do Not Reduce (DNR)" to Securities Exams:

When an order is placed underneath the current market price on a good til cancel basis that order will ordinarily be reduced when the stock trades ex dividend. this is done so that the order underneath the market is not executed simply because the stock price is adjusted down when the stock trades ex dividend. If the investor does not want the order to be reduced the order will be marked do not reduce or DNR.

Preparing for an Exam?

Receive 15% off all your Securities Exam Prep materials