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Business Definition for: don't know
don't know

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.

don't know

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.

Copyright © 2006, 2003, 1998, 1995, 1991, 1987, 1985 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.
Copyright c 2006, 2000, 1997, 1993, 1990 by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.

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