Advertisement
Advertisement
round lot
noun
- the conventional unit or quantity in which commodities or securities are bought and sold.
- (in a transaction) a quantity of 100 shares of a stock that is active or 10 shares of a stock that is inactive.
yĐÄvlog History and Origins
Origin of round lot1
Example Sentences
While you can walk straight up to the site via a flight of stairs from the small parking lot adjacent to Merry Go Round Lot 2, you can also reach it from above by hiking the easy 1.5 mile loop that diverges from the Fern Canyon Trailhead near Merry Go Round Lot 1.
A few hundred dollars wouldnât buy the 100-share âround lotâ needed to get reduced commissions.
A few hundred dollars might buy a few dozen shares, but not the âround lotâ of 100 necessary to get commission discounts.
Stock splits have historically been used to decrease the amount an investor would have to spend in order to buy a âround lotâ or 100 shares.
While buying a round lot of âs shares today would now cost about $522,000 I believe for the following reasons Apple wonât be splitting its shares.
Advertisement
Advertisement
Advertisement
Advertisement
Browse