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Definition: Net 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 net total of the values of the amounts in the column.

Example

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

The net dollar difference of the column would be $1,000 + (–$5,000) + $2,000 = –$2,000.

See also Gross Dollar Difference