What is the meaning of Round lot?

Round lot is a round lot is the normal trading unit for stocks and bonds on a securities exchange or market. For example, on the New York Stock Exchange (NYSE), shares traded in multiples of 100 are typically considered round lots, as are bonds with par values of $1, 000 and $5, 000. If you trade fewer shares of stock-called odd lots-you may have to pay a higher brokerage commission.

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APABarry Goldsmith. (2010). round lot. Retrieved September 20, 2026, from http://smartdefine.org/round_lot/definitions/1162739
ChicagoBarry Goldsmith. 2010. "round lot" http://smartdefine.org/round_lot/definitions/1162739 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, round lot, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/round_lot/definitions/1162739>.
MLABarry Goldsmith. "round lot" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/round_lot/definitions/1162739>