Definitions for "Round lot"
Keywords:  thereof, inactive, odd, nyse, par
A common stock position of 100 shares (the basic unit of trading) or any multiple of 100 shares.
Unit of trading for a security. Traditionally, a round lot for stocks is 100 shares; however, many exceptions exist. For example, inactive stocks commonly trade in round lots of 10. See also odd lot.
In most cases, 100,000 units of a currency.