odd lot

noun

Definition of odd lot

  1. :  a number or quantity other than the usual unit in transactions; especially :  a quantity of less than 100 shares of stock

1858

First Known Use of odd lot

1858


Law Dictionary

odd lot

noun

Legal Definition of odd lot

  1. :  a quantity of stock that is less than the usual rounded amount (as 100 shares) — compare round lot

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