Home >                  	Term: fraction  
fraction
(1) Also: odd lot. In share trading, a number of share units which is smaller than the number of units usually traded, as distinguished from the round lot, which is a multiple of the trading unit.
(2) In bond and rights trading: fractional item.
- Part of Speech: noun
 - Industry/Domain: Banking
 - Category: Investment banking
 - Company: UBS
 
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 Creator
- Stefan K
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