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job lot |
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Job Lot A futures contract with a minimum trading unit smaller than the levels required in regular contracts. Notes: Job lot contracts create a market for smaller participants wishing to enter into futures contracts. For example, western barley future contracts trade in 100 tonne board or round lots and 20 tonne job lots. See also: Actual, Board Lot, Commodity, Futures Contract, Futures Market, Odd Lot, Round Lot, Underlying
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| To serve as a reminder that retailers go out of business, Friedman read off a list that included Job Lot, Kiddie City, Trader Horn, Martin Paint and Preferred Seating. Also, the company announced a major restructuring in August 1990 that included a plan to repurchase $60 million worth of its stock, a 20 percent reduction of the corporate staff and closure of 14 Job Lot Pushcart stores in New York City. Marquee customers include American Eagle Outfitters, The Children's Place, Deutsche Woolworth, Ocean State Job Lot, Pacific Alliance and Federated Department Stores. |
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job lot