InvestorWords.com

uneven 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 odd lot. opposite of round lot.


Related Videos




Search for another term


Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z