odd lot
Definition
Less than 100 shares of a stock; or less than 10 shares of a very thinly traded stock. Some brokerages charge higher commissions for such transactions (often 1/8 of a point per share, called the differential). also called broken lot or uneven lot. opposite of round lot.
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Related Terms
lot, odd-lot theory, odd lot buy/sell ratio
'odd lot
' appears in the definitions of these terms on BusinessDictionary.com
economic lot size, round lot, lot
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