Board Lot. A standard number of shares for trading transactions. The number of shares in a board lot varies with the price level of the security, although in most cases a board lot is 100 shares.
Board lot - A regular trading unit that has uniformly been decided upon by stock exchanges. Book value - The original amount paid for an investment plus reinvested income.
Board Lot A regular trading unit which has uniformly been decided upon by the stock exchanges, in most cases it is 100 shares, but this can vary depending on the price of the stock. See also Standard Trading Unit Bond ...
Board LotExpand/Collapse A regular trading unit which has been decided upon by the stock exchanges.
Board lot A board lot is usually 100 shares. Trades on stock markets are usually made in multiples of a board lot. See also odd lot. Bond ...
Board lot A quantity of shares that is equal to or a multiple of a set figure that is set by each exchange. For example, if ABC Plc only allows trades to be placed in lots of 500, then only multiples of 500 can be traded (500, 1,000, 1,500, 2,000).
For stocks under about $20 I would normally round that off as so many Board lots. For example I would usually buy 200 at $22 rather than 182 at $22. However, I have often bought lots of 150.
Odd Lot: An uneven number of securities that represents less than a board lot.
An electronic entry, to the Nasdaq stock market, of the amount and price of shares involved in a transaction's not less than a board lot.
See also: Odd lot, Blue Chip, Banks, Saving, Bills
 
|