round lot


noun Stock Exchange.

the conventional unit or quantity in which commodities or securities are bought and sold.
(in a transaction) a quantity of 100 shares of a stock that is active or 10 shares of a stock that is inactive.

Compare odd lot.

Origin of round lot

First recorded in 1900–05
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019