Do Not Reduce Order

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Do Not Reduce Order (DNR Order)

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.

Do Not Reduce Order

In a limit order following the ex-dividend date, an instruction not to reduce the limit price by the amount of the dividend. Most of the time, following the ex-dividend date, the price of the limit order is reduced because the coming dividend will belong to the current owner, rather than the buyer. One issues a do not reduce order if one believes that demand for the stock justifies the higher price.
References in periodicals archive ?
Recommendations of the MAC were directed at the DNR, which is obligated to respond to the general public about the moose population and its management.
In view of the present DNR, cardiopulmonary resuscitation (CPR) was not initiated, and Tom passed away subsequently.
We thank Dale Garner, Bill Ohde, Guy Zenner, and other employees of the Iowa DNR for their assistance; the duck hunters who participated in this project; Sharon Setterquist, Mark Lebeck, Kelly Lesher, and Mohammad Ghazi for their technical assistance; and all volunteers who assisted with blood collecting.
Misunderstood ethical issues regarding DNR have generated conflicts.
Interestingly, even with adding over 30% DNR, the virgin natural rubber vulcanizates still maintains a constant tensile strength.
Mr Bee said, 'The failure to discuss the issue is causing a climate of fear among disabled people regardless of whether they have been issued with DNR notices.
Have a system in place to ascertain resident wishes regarding resuscitation and DNR status before an emergency arises.
The newspaper noted that DNR plans to conduct a public meeting concerning the air permit application on March 10 at the local Boyceville High School.
This suggests that in hospitals that reserve DNR for only a few patients, those patients tend to die, said Dr.
This phase of SUPPORT found that physicians often didn't have a clue as to what families and patients wanted; DNR orders were often written only in the last few days of life; and more than half of patients died in substantial pain.
The DNR notices sent last December informed owners of forestland tracts larger than 500 acres that they were required to submit a Road Maintenance and Abandonment Plan (RMAP) for all "forest roads" on their land (including driveways).
When the spotted owl and marbled murrelet (Brachyramphus marmoratus) were proposed for listing and several salmon species were listed as threatened, this created an uncertain future that would make it difficult for the DNR to fulfill its trust responsibilities.