Investment glossary terms beginning with the letter O:

Odd Lot – Often referred to as a broken lot or uneven lot, on odd lot generally refers to less than 100 shares of stock or less than 10 shares of a thinly traded stock. Many stock brokerages charge higher commissions on trades involving odd lots.

This entry was posted on Monday, January 25th, 2010 at 11:07 am and is filed under Investment Glossary. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.