Round Lot - Law Dictionary Search Results
Home Dictionary Name: round lot Page 1 of about 2 results ( seconds)round lot
round lot : the standard unit of trading in a security market usually amounting to 100 shares of stock compare odd lot ...
lot
lot 1 : a portion of land ;specif : a measured parcel of contiguous land having fixed boundaries and recorded (as on a plat) with the appropriate authority or office (as a registry of deeds) 2 : a single article, a number of units of an article, or a parcel of articles offered as one item (as in an auction sale) ;specif : a parcel or single article under the Uniform Commercial Code which is the subject matter of a separate sale, lease, or delivery whether or not it is sufficient to perform the contract see also odd lot, round lot ...
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