odd-lot·​ter | \ ˈädˈlätə(r)\
plural -s

Definition of odd-lotter

: a speculator or an investor who habitually buys and sells stock in less than round lots

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

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!

History and Etymology for odd-lotter

odd lot + -er entry 2

Keep scrolling for more

Learn More about odd-lotter

Share odd-lotter

Dictionary Entries near odd-lotter

odd legs


odd lot



odd man

odd man out

Statistics for odd-lotter

Last Updated

6 Feb 2019

Look-up Popularity

Keep scrolling for more

More Definitions for odd-lotter



Financial Definition of odd-lotter

What It Is

An odd-lotter buys securities in odd lots. An odd lot is a group of shares that is not a multiple of 100 (100 shares is called a round lot).

How It Works

For example, let's assume John wants to buy a share of Disney stock for each year of his son's life as a birthday present for his 12th birthday. John calls his broker with a buy order for 12 shares of Disney stock, which is an odd lot. This makes John an odd-lotter.

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.

Source: Investing Answers

Comments on odd-lotter

What made you want to look up odd-lotter? Please tell us where you read or heard it (including the quote, if possible).


to corrupt or become corrupted

Get Word of the Day daily email!

Test Your Vocabulary

A Green Quiz

  • shamrock
  • What is the best definition of green-eyed monster?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.


Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!