A standard unit of size used in a financial Transaction. In the stock market a lot represents 100 shares of stock, in the bond or derivatives market, a lot can represent $1,000 of face value of the bond or derivative contract. In forex, a lot generally represents 100,000 units of a Base Currency.
Browse by Subjects
See All Related Terms »
new issues department
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):