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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

broken lot  

Definition 1.

Less than 100 shares of a stock; or less than 10 shares of a very thinly traded stock. Some brokerages charge higher commissions for such transactions (often 1/8 of a point per share, called the differential). also called odd lot or uneven lot. opposite of round lot.
 
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