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round lot
noun
: the standard unit of trading in a security market usually amounting to 100 shares of stock
Examples of round lot in a Sentence
Recent Examples on the Web
Still, most institutional investors continue to prefer blocks of shares since the price often quoted on an exchange is for a round lot, according to Phil Mackintosh, Nasdaq’s chief economist.
—Michael Wursthorn, WSJ, 9 Mar. 2022
At higher prices, the size of a round lot drops to 40 shares, then 10.
—Jason Zweig, WSJ, 18 Dec. 2020
Above $10,000, a single share will constitute a round lot.
—Jason Zweig, WSJ, 18 Dec. 2020
Then, splits meant more investors could buy a round lot.
—Kathleen Pender, SFChronicle.com, 12 Aug. 2020
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Word History
First Known Use
circa 1902, in the meaning defined above
Dictionary Entries Near round lot
Cite this Entry
“Round lot.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/round%20lot. Accessed 5 Nov. 2024.
Legal Definition
round lot
noun
: the standard unit of trading in a security market usually amounting to 100 shares of stock compare odd lot
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