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TeachMeFinance.com - explain round lot round lot -- a unit of stock, usually consisting of 100 shares or multiples of 100 shares. historic definition... Round lot -- In stocks a large even number of shares bought or sold in one lot, as 1,000, 5,000, 10,000. Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.