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Definition: Gross Dollar Difference

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On the Rebalance Summary, this figure is an optional total in the Difference ($) column and is expressed as a total of the absolute values of the amounts in the column.

Example

The Difference ($) column contains three values: $1,000, –$5,000, and $2,000.

The gross dollar difference of these values is |$1,000| + |–$5,000| + |$2,000| = $8,000

See also Net Dollar Difference.