A quantity of shares owned which is not divisible by 100 is referred to as
A) an odd lot.
B) an uneven lot.
C) a round lot.
D) a small lot.

Name: A quantity of shares owned which is not divisible by 100 is referred to as A) an odd lot. B) an uneven lot. C) a round lot. D) a small lot.
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Question

Quizplus · Accepted Answer

An odd lot refers to a quantity of shares that is not divisible by 100, which is the standard trading unit on many exchanges.

A Quantity of Shares Owned Which Is Not Divisible by 100