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Lot |
Also found in: Dictionary/thesaurus, Medical, Legal, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
Lot A group of securities or derivatives traded as a unit, often in groups of 100. Some derivatives, especially exchange-traded funds, set a minimum lot that may be traded; for example, one may only trade a certain ETF in lots of 100. Exchanges and regulators set standard lots, which are used in contracts of trade. This practice means that an investor knows how many securities or derivatives he/she is buying or selling in a given transaction. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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