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odd lot

 - 5 dictionary results
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odd lot

 
Use odd lot in a Sentence
–noun
1. a quantity or amount less than the conventional unit of trading.
2. Stock Exchange. (in a transaction) a quantity of stock less than the established 100-share unit for active issues or the 10-share unit for designated inactive issues.
Also called broken lot.
Compare round lot.

Origin:
1895–1900

Related forms:
odd-lot, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
Cite This Source Link To odd lot
Stock Trading
Trade Stocks, Options, Futures and Bonds Online with optionsXpress.
www.optionsXpress.com
Big Lots Furniture
Find Big Lots Furniture, compare prices & save money now!
www.Best-Price.com/Furniture
odd lot  
n.  A quantity that differs from a standard trading unit, especially an amount of stock of fewer than 100 shares.
odd'-lot' (ŏd'lŏt') adj.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Odd Lot

An amount of a security that is less than the normal unit of trading for that particular security.

Investopedia Commentary

For stocks, any transaction less than 100 shares is usually considered to be an odd lot.

Related Links

Brokers and Online Trading

See also: Block Trade, Bunching, Odd lot theory, Round lot

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Financial Dictionary

odd lot

A unit of trading in securities that is made up of fewer than 100 shares of stock or $25,000 face amount of bonds. Compare round lot. Also called lot. See also effective sale, on-the-quotation order.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: odd lot
Function: noun
: a quantity of stock that is less than the usual rounded amount (as 100 shares) —compare ROUND LOT
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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