round lot

American  

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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Etymology

Origin of round lot

First recorded in 1900–05

Example Sentences

As a matter of fact, they haven't quite made their arrangements for putting it on the market yet, and the surest way to get some is to bid for a round lot.

From Ranching for Sylvia by Bindloss, Harold

It is cheaper to buy thus at wholesale than by piecemeal, because the bookseller will make you a larger discount on a round lot of which you relieve his shelves.

From A Book for All Readers An Aid to the Collection, Use, and Preservation of Books and the Formation of Public and Private Libraries by Spofford, Ainsworth Rand