Round Lot
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Round lot
A round lot is a normal unit of trading of a security, which is usually 100 shares of stock. Any quantity less than this normal unit is referred to as an odd lot.

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Campbell R. Harvey's Hypertextual Finance DictionaryDownload this dictionary
Round lot
trading order typically of 100 shares of a stock or some multiple of 100. Related: odd lot.
The Lectric Law Library DictionaryDownload this dictionary
Round Lot
The basic trading block for stocks--usually 100 shares.

Courtesy of the 'Lectric Law Library.

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