Definitions for odd lot
ADVERTISEMENT
Random House Webster's College Dictionary
odd′ lot′(n.)
a quantity or amount less than the conventional unit of trading.
(in a stock transaction) a quantity of stock less than 100 shares.
Category: Business
Origin of odd lot:
1895–1900
odd′-lot′ter(n.)
Wiktionary
odd lot(Noun)
A block of shares of stock that is not a multiple of some number, usually 100.
odd lot(Noun)
A set of leftover goods, of a quantity less than an evenly divisible shippable unit, often sold at reduced price.
Citation
Use the citation below to add this definition to your bibliography:
"odd lot." Definitions.net. STANDS4 LLC, 2013. Web. 18 Jun 2013. <http://www.definitions.net/definition/odd lot>.