round-lot

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:
1900–05

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To round-lot
Explore Dictionary.com
Previous Definition: round-leaved rein orchid
Next Definition: round-lotter
Words Near: round-lot
More from Thesaurus.com
Synonyms and Antonyms for round-lot
More from Reference.com
Search for articles containing round-lot
More from Dictionary.com Translator
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature