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round lot

American  

noun

Stock Exchange.

  1. the conventional unit or quantity in which commodities or securities are bought and sold.

  2. (in a transaction) a quantity of 100 shares of a stock that is active or 10 shares of a stock that is inactive.

Etymology

Origin of round lot

First recorded in 1900–05

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.