broken lot


noun

  1. a quantity or amount less than the conventional unit of trading.
  2. Stock Exchange. (in a transaction) a quantity of stock less than the established 100-share unit for active issues or the 10-share unit for designated inactive issues.

noun

  1. a batch of merchandise that contains less than or more than the usual number of units
  2. stock exchange a number of securities less than the standard trading unit of 100

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