job lot

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Job Lot

In commodities, a small number of units. For example, one may refer to 10 or 20 barrels of oil as a job lot. These are used primarily in futures contracts in which both parties are interested in trading in small numbers.

job lot

In commodities trading, the quantity of a commodity that is smaller than what is specified in a standard contract.
References in periodicals archive ?
Some 90% of job lots bought from manufacturers, and in some cases jobbing wholesalers, are denied more conventional channels because they are short-dated, Traviss told The Grocer.
These job lots ensure color consistency for each order made through Palmetto Brick from first shipment to the last.
Nasdaq: PLCE) and Ocean State Job Lots in recently selecting SteppingStones.