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round lot

noun

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


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Word History and Origins

Origin of round lot1

First recorded in 1900–05
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Example Sentences

Among other peoples, only Scandinavians ever had such an all-round lot as this.

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