odd lot(redirected from Broken Lot)
Also found in: Financial.
Related to Broken Lot: Odd Lot Theory
A quantity that differs from a standard trading unit, especially an amount of stock of fewer than 100 shares.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
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.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.