Do Not Increase (DNI)

Definition:

A restriction that an investor places on a good til' canceled order to prevent an order increase in the case of a stock dividend or stock split.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Effective margin (EM)

Used with SAT performance measures, the amount equal to the net earned spread, or margin of income, on assets in excess of financing costs for a given interest rate and prepayment rate scenario.

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