Broken Lot

Business, Legal & Accounting Glossary

Definition: Broken Lot


Broken Lot


Full Definition of Broken Lot


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.


Cite Term


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Page URL
https://payrollheaven.com/define/broken-lot/
Modern Language Association (MLA):
Broken Lot. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 29, 2024 https://payrollheaven.com/define/broken-lot/.
Chicago Manual of Style (CMS):
Broken Lot. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/broken-lot/ (accessed: March 29, 2024).
American Psychological Association (APA):
Broken Lot. PayrollHeaven.com. Retrieved March 29, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/broken-lot/

Definition Sources


Definitions for Broken Lot are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.