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round lot
noun
- the conventional unit or quantity in which commodities or securities are bought and sold.
- (in a transaction) a quantity of 100 shares of a stock that is active or 10 shares of a stock that is inactive.
亚洲网紅露点 History and Origins
Origin of round lot1
Example Sentences
While you can walk straight up to the site via a flight of stairs from the small parking lot adjacent to Merry Go Round Lot 2, you can also reach it from above by hiking the easy 1.5 mile loop that diverges from the Fern Canyon Trailhead near Merry Go Round Lot 1.
A few hundred dollars wouldn鈥檛 buy the 100-share 鈥渞ound lot鈥 needed to get reduced commissions.
A few hundred dollars might buy a few dozen shares, but not the 鈥渞ound lot鈥 of 100 necessary to get commission discounts.
Stock splits have historically been used to decrease the amount an investor would have to spend in order to buy a 鈥渞ound lot鈥 or 100 shares.
While buying a round lot of 鈥檚 shares today would now cost about $522,000 I believe for the following reasons Apple won鈥檛 be splitting its shares.
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