Definitions for "odd lot"
Keywords:  lot, fewer, round, less, trade
Less than 100 shares of a stock; or less than 10 shares of a very thinly traded...
A common stock position consisting of less than 100 shares.
Number of shares that is not a Round Lot, normally a bundle of 100 shares, and therefore may involve higher exchange costs than round lots. Not applicable to open-end investment companies.
Keywords:  non, transaction, standard, amount
A non standard amount for a transaction.