ODD LOT


Meaning of ODD LOT in English

— odd-lot , adj.

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 . Cf. round lot .

[ 1895-1900 ]

Random House Webster's Unabridged English dictionary.      Полный английский словарь Вебстер - Random House .