round lot
- 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.
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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. 2018