One hundred shares or a multiple of 100 shares is called a(n) ____________ lot.
A)market
B)limited
C)round
D)odd
E)executive

Question

Quizplus · Accepted Answer

A round lot is a standard trading unit defined as 100 shares of stock. When an investor wants to buy or sell stock, they do so in multiples of 100, known as a round lot. For example, if an investor wants to buy 500 shares of a stock, they would buy five round lots.

One Hundred Shares or a Multiple of 100 Shares Is