Stock Market Investors » Glossary of Stock Terms » What is a Round Lot?

What is a Round Lot?

Stock investing involves many terms you should be familiar with. One of them is round lot, which represents the basic unit for transaction measurement. It is equal to 100 shares. If your order cannot be divided by 100, then it is referred to as an odd lot. In such a case your broker may charge you an additional fee for the completion of such an order.

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