Definitions for odd lot
This page provides all possible meanings and translations of the word odd lot
Random House Webster's College Dictionary
a quantity or amount less than the conventional unit of trading.
(in a stock transaction) a quantity of stock less than 100 shares.
Origin of odd lot:
A block of shares of stock that is not a multiple of some number, usually 100.
A set of leftover goods, of a quantity less than an evenly divisible shippable unit, often sold at reduced price.
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