Definitions for **"odd lot"**

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.

A lot of securities or commodities that is smaller or larger than what is considered a normal trading unit. An odd lot is typically traded at a price that includes a differential attributable to the size of the lot (e.g., a dealer would typically bid lower for an odd lot than for a larger block).

A block of shares that is less than a board lot.

A parcel of shares that is below the minimum number necessary to be traded. See also Marketable Parcel.

One odd lot contains an amount of shares smaller than one board lot.

Share parcels of less than 100.

an amount of stock less than the established 100-share unit or 10-share unit of trading.

A non-standard transaction size. In forex, a standard lot is usually 100,000 units of a particular currency.

Purchase or sale of less than the round lot unit of 100 shares.

A quantity of shares of a security that is smaller than a round lot.

a volume of shares that is less than one board lot

An order for fewer than 100 shares. Brokers aggregate odd lots into blocks of 100 shares.

A parcel of shares which is either non-marketable or harder to market compared with a standard lot size.

a stock purchase outside of the standard trading unit of 100 shares

Any number of shares less than a board lot.

An order for less than the normal unit of trading, which is 100 shares.

A trading order for less than a quantity equal to 1 or more futures contracts (10,000 mmbtu for Nat Gas).

A purchase or sale of fewer than 100 shares of stock. See round lot. Option - A security t gives the owner the right, but not the obligation, to buy (in the case of a call option) or sell (in the case of a put option) a specific amount of a security or index, at a specified price during a specified period of time.

A block of shares of less than a round lot, usually traded at one time. (a round lot is a multiple of 100.)... read full article

Purchase or sale of securities in any amount less than 100 shares. An investor buying or selling an odd lot often pays a higher commission rate than someone making a round lot trade. This odd-lot differential varies between brokers.

Transaction in quantities lower than 100 shares.

A transaction involving fewer shares than in a "round" lot, which for most stocks is 100 shares.

an amount of stocks that is not the usual trading number.

Odd Lot Buy Back Odd lot dealer

On stock exchanges, a smaller unit of trading than the standard unit of trading, known as a board, full, or round lot

A block of stock consisting of less than 100 shares. When odd lots trade, a premium is usually tacked on by the specialist or market maker. These receive the least favorable price and trade last.

A unit of trading in securities that is less than 100 shares. (See also "round lot.")

A lot that is less than 100 shares, or less than a round lot

A parcel of shares below the minimum number necessary to be traded, viz. not conforming to the stockmarket's conventional round numbers (usually multiples of 100).

Trading securities in share amounts of either less than 100 or an amount that is not a multiple of 100. Trading in odd lots used to incur higher transaction fees from full-service brokerages. Today, with online, computerized discount trading, buying and selling stock in odd lots no longer involves higher transaction costs.

An amount of stock less than the established unit of trading (round lot): from 1 to 99 shares for the great majority of issues, 1 to 9 for certain inactive stocks.

An amount of stock less than the established 100-share unit. (See: Round lot)

This is a securities trade made for less than the "normal trading unit" ( Round Lot). In stock trading, any purchase or sale of less than 100 shares is generally considered an odd lot.

A quantity of securities that is smaller than the standard unit of trading, which is usually 100 shares.

The trading of securities for less than 100 shares (or an amount that is not a multiple of 100).

A trading order for less than 100 shares of stock. Compare round lot.

A number of shares that are less than the market lot are known as odd lots. Under the scrip based delivery system, these shares are normally traded at a discount to the prevailing price for the marketable lot.

A number of shares equalling less than a board lot, the regular trading unit decided upon by the particular stock exchange. Also, an amount less than the par value of one trading unit on the over-the-counter market.

A trading unit of fewer than 100 shares of stock. To buy one share or seven shares, for example, is to buy an odd lot. (Compare Round lot.)

Any number of securities that represents less than a board lot.

A number of shares which is less than a board lot.

An amount of stock less than the normal trading unit.

An amount of a security that is less than the normal unit of trading for that particular security.

Any number of shares traded that is less than its normal trading unit (round lot). Typically, an odd lot is 1 to 99 shares with a round lot being multiples of 100 shares. However, certain inactive stocks have round lots of 10 shares, with odd lots being 1 to 9 shares. See: Normal Trading Unit; Odd Lot Differential; Odd Lot Theory; Round Lot

an investor buys an “odd lot” when he or she buys fewer than 100 shares

A quantity of securities that is smaller than the standard unit of trading (usually 100 shares), known as a round lot.

A block of securities bid or offered which is smaller than the standard lot size for that particular security.

A number of shares that is less than the market lot are known as odd lot. These shares are illiquid in nature, as they cannot be transacted on the exchange.

The number of shares equaling less then a board lot. A board lot typically represents 100 shares for stocks trading above $1.00.

A non standard amount for a transaction.