odd lot


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Related to odd lot: Odd Lot Theory

odd lot

n.
A quantity that differs from a standard trading unit, especially an amount of stock of fewer than 100 shares.

odd′-lot′ adj.

odd lot

n
1. (Commerce) a batch of merchandise that contains less than or more than the usual number of units
2. (Stock Exchange) stock exchange a number of securities less than the standard trading unit of 100

odd′ lot′


n.
1. a quantity or amount less than the conventional unit of trading.
2. (in a stock transaction) a quantity of stock less than 100 shares.
[1895–1900]
odd′-lot′, adj
odd′-lot′ter, n.
Translations
Mentioned in ?
References in classic literature ?
Carey had so many books that he did not know them, and as he read little he forgot the odd lots he had bought at one time and another because they were cheap.
burst in female accents from the human heap--those of the unhappy partner of the man whose clumsiness had caused the mishap; she happened also to be his recently married wife, in which assortment there was nothing unusual at Trantridge as long as any affection remained between wedded couples; and, indeed, it was not uncustomary in their later lives, to avoid making odd lots of the single people between whom there might be a warm understanding.
But in monthly and annual reports to investors, PIMCO provided other, misleading reasons for the ETF's early success and failed to disclose that the resulting performance from the odd lot strategy was not sustainable as the fund grew in size," the SEC states.
M2 EQUITYBITES-September 1, 2014-Farmers National Banc announces extension of its Odd Lot Buy Back programme
Farmers National Banc Corporation (NASDAQ: FMNB) has announced its plans to extend its previously announced voluntary Odd Lot Buy Back until September 30, 2014 at 5:00 p.
0195 odd lot shares and 13,562,993 non-odd lot shares validly tendered.
Gigi Pritzker's Odd Lot and Michel Litvak's Bold Films merged their foreign sales operations to form Affinity Films in October, giving these two film funders a more muscular profile in the international marketplace.
fired Isaac Perlmutter and Bernard Marden, the principals of its Odd Lot subsidiary who made a series of charges against the drug chain and attempted to replace Sid Dworkin as Revco's chief executive officer.
That paradox is the odd lot in life of Cuba's Ibrahim Ferrer.
An odd lot is a security traded for less than a normal trading unit, which is called a round lot.
Third, whether you pay more for the odd lot or less for the round lot, you will have to pay the broker for each transaction.
This is indeed ironic, he says, "because it appears that PIMCO's infraction, from the SEC's perspective, may be that it used a single price for one CUSIP without adjusting for the odd lot.