odd lot


noun

a quantity or amount less than the conventional unit of trading.
Stock Exchange. (in a transaction) a quantity of stock less than the established 100-share unit for active issues or the 10-share unit for designated inactive issues.
Also called broken lot.
Compare round lot.

Origin of odd lot

First recorded in 1895–1900

OTHER WORDS FROM odd lot

odd-lot, adjective

British Dictionary definitions for broken lot

odd lot

noun

a batch of merchandise that contains less than or more than the usual number of units
stock exchange a number of securities less than the standard trading unit of 100