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Term of the Day - August 23, 2004
http://www.investopedia.com
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Term of the Day: Odd Lotter
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An individual investor who buys securities, usually stocks,
in odd lots. This is the opposite of someone who buys securities
in round lots.
Investopedia Says:
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A round lot is 100 stocks; therefore, someone buying any number
that is not a multiple of 100 would be considered an odd lotter.
Related Links:
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Tutorial: Stock Basics
http://www.investopedia.com/university/stocks/
The 5 Biggest Stock Market Myths
http://www.investopedia.com/articles/02/061902.asp
Related Terms:
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Block Trade
http://www.investopedia.com/terms/b/blocktrade.asp
Bunching
http://www.investopedia.com/terms/b/bunching.asp
Odd Lot
http://www.investopedia.com/terms/o/oddlot.asp
Odd Lot Theory
http://www.investopedia.com/terms/o/oddlottheory.asp
Round Lot
http://www.investopedia.com/terms/r/roundlot.asp
Security
http://www.investopedia.com/terms/s/security.asp
Stock
http://www.investopedia.com/terms/s/stock.asp
Have a great day!
The Investopedia Staff
http://www.investopedia.com
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