An order amount for a security that is less than the normal unit of trading for that particular asset. Odd lots are considered to be anything less than the standard 100 shares for stocks. Trading commissions for odd lots are generally higher on a percentage basis than those for standard lots, since most brokerage firms have a fixed minimum commission level for undertaking such transactions.
Less than 100 shares. There is an amazing amount of material about regarding market education. Not certain that YahooAnswers is the best place to get that education.
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-VOLUME OF TRADING
-SECURITIES AND EXCHANGE MARKETS
-TRADING IN THE EXCHANGE MARKETS
-BID AND ASKED PRICES