A group of 100 shares of common stock is referred to as a(n)
A)odd lot.
B)round lot.
C)even lot.
D)square lot.
E)none of the above.

Question

Quizplus · Accepted Answer

A group of 100 shares of common stock is referred to as a round lot. A round lot is the standard unit of trading for stocks and bonds on an exchange. Anything less than a round lot is considered an odd lot. Anything greater than a round lot is considered a block trade.

A Group of 100 Shares of Common Stock Is Referred