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round lot

noun, Stock Exchange.
1.
the conventional unit or quantity in which commodities or securities are bought and sold.
2.
(in a transaction) a quantity of 100 shares of a stock that is active or 10 shares of a stock that is inactive.
Compare odd lot.
Origin
1900-1905
1900-05
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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