What is the meaning of Odd lot?

Odd lot is the purchase or sale of stocks in quantities of fewer than 100 shares is considered an odd lot. If you buy or sell odd lots, you typically pay a slightly higher commission than someone trading round lots, or multiples of 100.

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APABarry Goldsmith. (2010). odd lot. Retrieved September 23, 2026, from http://smartdefine.org/odd_lot/definitions/1159500
ChicagoBarry Goldsmith. 2010. "odd lot" http://smartdefine.org/odd_lot/definitions/1159500 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, odd lot, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/odd_lot/definitions/1159500>.
MLABarry Goldsmith. "odd lot" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/odd_lot/definitions/1159500>