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don't-know

 
Investment Dictionary: Don't Know - DK

A slang expression for an out trade that is used when there is a discrepancy in the details of a trade.

Also known as a "DK'd trade."

Investopedia Says:
In this kind of a trade, one of the parties "doesn't know the trade." This party either lacks information or has received inaccurate trading instructions.


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Wall Street slang for a questioned trade. Brokers exchange comparison sheets to verify the details of transactions between them. Any discrepancy that turns up is called a don't know or a QT.

Banking Dictionary: Don't Know
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Securities term for a questioned trade, indicating refusal to complete a transaction due to a disagreement on the trade details or because errors are discovered in the comparison sheets exchanged by broker-dealers.

WordNet: don't-know
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Note: click on a word meaning below to see its connections and related words.

The noun has one meaning:

Meaning #1: (colloquial) a person who responds"I don't know" in public opinion poll


 
 

 

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Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Financial & Investment Dictionary. Dictionary of Finance and Investment Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more
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