1

lot

noun \ ˈlät \
Updated on: 14 Nov 2017

Definition of lot

1 : an object used as a counter in determining a question by chance
2 a : the use of lots as a means of deciding something
  • One was chosen by lot to represent the group.
b : the resulting choice
3 a : something that comes to one upon whom a lot has fallen : share
  • The will provided for equal lots for all the children.
b : one's way of life or worldly fate : fortune
  • the lot of man, to suffer and to die
  • —Alexander Pope
4 a : a portion of land
b : a measured parcel of land having fixed boundaries and designated on a plot or survey
  • built his home on a half-acre lot
c : a motion-picture studio and its adjoining property
d : an establishment for the storage or sale of motor vehicles
  • a used car lot
5 a : a number of units of an article, a single article, or a parcel of articles offered as one item (as in an auction sale)
  • Lot 45 is a dining room set.
b : all the members of a present group, kind, or quantity usually used with the
  • sampled the whole lot of desserts
6 a : a number of associated persons : set
  • fell in with a rough lot
b : kind, sort
  • The recruits were a sorry lot.
7 : a considerable quantity or extent
  • a lot of money
  • lots of friends
all over the lot
: covering a wide or varied range
  • received bids all over the lot
a lot
1 : to a considerable degree or extent
  • this is a lot nicer
2 : often, frequently
  • runs a lot every day
3 : lots

Examples of lot in a Sentence

  1. He bought the vacant lot across the street.

  2. They own the house on the corner lot.

  3. We took a tour of the Universal lot.

  4. The organization has done much to improve the lot of underprivileged youth.

  5. Unhappy with her lot in life, she moved to the city to start over.

Recent Examples of lot from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'lot.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of lot

Middle English, from Old English hlot; akin to Old High German hlōz

Synonym Discussion of lot

fate, destiny, lot, portion, doom mean a predetermined state or end. fate implies an inevitable and usually an adverse outcome.
    • the fate of the submarine is unknown
destiny implies something foreordained and often suggests a great or noble course or end.
    • the country's destiny to be a model of liberty to the world
lot and portion imply a distribution by fate or destiny, lot suggesting blind chance
    • it was her lot to die childless
, portion implying the apportioning of good and evil.
    • remorse was his daily portion
doom distinctly implies a grim or calamitous fate.
    • if the rebellion fails, his doom is certain

2

lot

verb

Definition of lot

lotted; lotting
transitive verb
2 : to form or divide into lots

Examples of lot in a Sentence

  1. everyone is lotted opportunities in life, and it's their responsibility to take them

Origin and Etymology of lot

see 1lot

Lot

noun \ ˈlät \

Definition of Lot

: a nephew of Abraham who according to the account in Genesis escaped from the doomed city of Sodom with his wife who turned into a pillar of salt when she looked back

Origin and Etymology of lot

Hebrew Lōṭ

Lot

geographical name \ ˈlät , ˈlȯt \

Definition of Lot

river 300 miles (483 kilometers) long in southern France flowing west into the Garonne River

Financial Definition of LOT

lot

What It Is

A lot is a securities trade for a “standard” number of trading units. In stock trading, a lot is 100 shares (also called a "round lot"). However, inactive stocks generally trade in 10-share lots.

How It Works

Lots are the standard trading amount, and thus they usually incur the most favorable commission costs. For example, if you wanted to buy six lots of Company XYZ stock, you would be buying 600 shares.

Investors, especially individuals, frequently cannot or do not want to bear the expense of trading shares in round lots, however, which is why most brokers also accept “odd-lot” trades (though they may charge a higher commission for doing so). However, the advent of electronic and online trading platforms has reduced, and in some cases eliminated, these odd-lot premiums.

Why It Matters

Lot  investors tend to be larger investors. The ratio of odd-lot buying to odd-lot selling, on the other hand, is often used to evaluate small-investor sentiment.


LOT Defined for Kids

lot

noun \ ˈlät \

Definition of lot for Students

1 : an object used in deciding something by chance or the use of such an object to decide something
2 : fate 2
  • It was their lot to be poor.
3 : a piece or plot of land
  • a vacant lot
4 : a large number or amount
  • lots of books
  • a lot of help

Law Dictionary

lot

noun

legal Definition of lot

1 : a portion of land; specifically : a measured parcel of contiguous land having fixed boundaries and recorded (as on a plat) with the appropriate authority or office (as a registry of deeds)
2 : a single article, a number of units of an article, or a parcel of articles offered as one item (as in an auction sale); specifically : a parcel or single article under the Uniform Commercial Code which is the subject matter of a separate sale, lease, or delivery whether or not it is sufficient to perform the contract — see also odd lot, round lot


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