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Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.
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Legal Definitions - board lot
The law is reason, free from passion.
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Definition of board lot
A board lot is a specific number of shares or a specific quantity of a commodity designated for trading. It is also known as an even lot or a round lot.
- A round lot of stock is usually 100 shares.
- A round lot of bonds is usually $1,000 or $5,000 par value.
These examples illustrate that a board lot is a specific unit of trading for stocks and bonds. It is the established minimum amount that can be bought or sold in a single transaction.
The end of law is not to abolish or restrain, but to preserve and enlarge freedom.
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Simple Definition
A board lot is a specific number of shares or a specific quantity of a commodity that is designated for trading. It is the established unit of trading for stocks and bonds. A round lot of stock is usually 100 shares, and a round lot of bonds is usually $1,000 or $5,000 par value. An odd lot is a number of shares of stock or the value of a bond that is less than a round lot.
A judge is a law student who marks his own examination papers.
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