odd lot

noun

: a number or quantity other than the usual unit in transactions
especially : a quantity of less than 100 shares of stock

Examples of odd lot in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
At the close of Q3-2024, the $858 million average daily odd lot trade volume exceeded that of the entire prior year. Barnet Sherman, Forbes, 11 Dec. 2024 The number of bonds traded is one thing, the par amount of average daily odd lot trades is even more stunning. Barnet Sherman, Forbes, 11 Dec. 2024

Word History

First Known Use

1858, in the meaning defined above

Time Traveler
The first known use of odd lot was in 1858

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Cite this Entry

“Odd lot.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/odd%20lot. Accessed 31 Mar. 2025.

Legal Definition

odd-lot

1 of 2 adjective
: of, relating to, or being the type of worker considered under the odd-lot doctrine
an odd-lot worker without stable employment

odd lot

2 of 2 noun
: a quantity of stock that is less than the usual rounded amount (as 100 shares) compare round lot
Last Updated: - Updated example sentences
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