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  • The Financial Encyclopedia
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Board Lot

A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

    Order Consolidation

    The process of grouping large orders together rather than allocating these orders up front. In other words, it involves combining...

      Round Lot

      A unit pack (lot) of shares the size of which varies according to the price of a share. It is...

        Odd-Lotter

        An investor who buys and sells securities in amounts smaller than a round lot. An odd-lotter is typically a small...

          Even Lot

          An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...

            Round Lot

            An order to buy or sell a security (stock, bond, etc.) in a standard amount- i.e., a multiple of the...