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odd lot

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
1895-1900
Related forms
odd-lot, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for oddlot

odd lot

noun
1.
a batch of merchandise that contains less than or more than the usual number of units
2.
(stock exchange) a number of securities less than the standard trading unit of 100
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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