round lot

Definition of "round lot"
  1. The typical trading unit used in a financial market, often equivalent to 100 units of stock
How to use "round lot" in a sentence
  1. When trading stocks, investors commonly buy in multiples of a round lot to standardize trading.
  2. To purchase a round lot of autos, the dealer ordered 100 used cars from the auction.
  3. The general rule when trading bonds or other commodities is to trade in terms of a round lot.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z