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
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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.
"You shall catch it for this, my gentleman, when you get home!" 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.
Due to the tender offer being oversubscribed, FNF purchased only a prorated portion of those shares properly tendered by each tendering stockholder (other than "odd lot" holders whose shares were purchased on a priority basis) at or below the final per share purchase price.
When completed, the divestiture will cap off a program that has seen Revco shed such assets as Odd Lot Trading, the close-out merchandiser; Stanton Corp., the developer of employee screening tests; and Private Formulations, an O-T-C drug manufacturing facility, over the past three years.
Pursuant to the Odd Lot Program, Advantage has offered to buy back common shares from registered and beneficial shareholders of Advantage who own 99 or fewer common shares.
Also, subject to applicable withholding and no interest, the shareholders will receive the purchase price in cash and if the total number of shares tendered is more than 1,165,000 shares, Trinseo will purchase shares on a pro rata basis (subject to the 'odd lot' priority) from all shareholders who tenders shares, before the expiry date and may be withdrawn too at any time, prior to the expiry of the offer.
4 September 2014 - Ohio US-based bank holding company Farmers National Banc Corp (NASDAQ: FMNB) said is extending its previously announced voluntary odd lot buy back through September 30.
The final pro-ration calculations resulted in 285,027.0195 odd lot shares and 13,562,993 non-odd lot shares validly tendered.
At Cannes or Sundance, a fledgling distrib like Odd Lot Entertainment might be little more than a blip on the radar.
The Odd Lot Program affords Odd Lot Holders the opportunity to sell all, but not less than all, of their common shares or to continue to maintain their current holdings.
The final pro-ration calculations resulted in 174,782 odd lot shares and 10,651,499 non-odd lot shares validly tendered.
If some own more than 1,000,000 shares and properly tender those, the company buy shares tendered by them on a pro rata basis, subject to priority to odd lot holders and as per securities laws.