Start your free trial today and get unlimited access to America's largest dictionary, with:
- More than 250,000 words that aren't in our free dictionary
- Expanded definitions, etymologies, and usage notes
- Advanced search features
- Ad free!
Origin and Etymology of odd-lotter
Financial Definition of ODD-LOTTER
What It Is
How It Works
Why It Matters
Typically, individual investors are the most likely to be odd-lotters. Because it takes much more work to fill an order for an odd lot, John's broker may charge a higher commission. The broker may have to purchase a round lot (100 shares) and then break the shares up to provide John with his 12 shares.
Seen and Heard
What made you want to look up odd-lotter? Please tell us where you read or heard it (including the quote, if possible).