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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.

Odd Lot Theory


Small retail investors are so small that many can't afford a round lot of over 100 shares. Small retail investors usually suck. So the theory is that if you see a lot of odd lots trading, invest the other direction - it means lots of dental hygienists are starting to invest in complex technology stocks at 200x earnings.