The Purchase of Less Than 100 Shares of Stock Is

question 56

True/False

The purchase of less than 100 shares of stock is an odd lot.

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Definitions:

Round Off

The process of adjusting numbers to their nearest value according to a specific base.

Multiply

The mathematical operation of increasing one number by another to get a product.

Local Delicatessen

A neighborhood store specializing in the sale of fine or foreign prepared foods, such as meats, cheeses, and salads.

Pounds

In the US and British imperial systems, a measure of mass equaling 0.453592 kilograms, generally acknowledged as a unit of weight.