Job Lot

Job Lot
A futures contract with a minimum trading unit smaller than the levels required in regular contracts.

Job lot contracts create a market for smaller participants wishing to enter into futures contracts. For example, western barley future contracts trade in 100 tonne board or round lots and 20 tonne job lots.

Investment dictionary. . 2012.

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  • job lot — ➔ lot * * * job lot UK US noun [C] UK INFORMAL ► COMMERCE a collection of several things which are bought or sold as a group, usually at a cheap price: a job lot of sth »He bought a job lot of computers at a bargain price. ► FINANCE, STOCK MARKET …   Financial and business terms

  • Job lot — Job Job (j[o^]b), n. [Prov. E. job, gob, n., a small piece of wood, v., to stab, strike; cf. E. gob, gobbet; perh. influenced by E. chop to cut off, to mince. See {Gob}.] [1913 Webster] 1. A sudden thrust or stab; a jab. [1913 Webster] 2. A piece …   The Collaborative International Dictionary of English

  • job lot — job lots N COUNT A job lot is a number of cheap things of low quality which are sold together, for example in auctions or second hand shops. I was lucky to get it as part of a job lot at a sale …   English dictionary

  • job lot — noun count several separate things that are sold or accepted together …   Usage of the words and phrases in modern English

  • job lot — job′ lot n. 1) bus a large, often assorted quantity of goods sold or handled as a single transaction 2) a miscellaneous collection; quantity of odds and ends • Etymology: 1850–55 …   From formal English to slang

  • job lot — ► NOUN ▪ a batch of articles sold or bought at one time, especially at a discount …   English terms dictionary

  • job lot — n. 1. an assortment of goods for sale as one quantity 2. any random assortment, esp. when of inferior quality …   English World dictionary

  • job lot — noun a miscellaneous collection of things sold together (Freq. 1) • Hypernyms: ↑collection, ↑aggregation, ↑accumulation, ↑assemblage * * * noun 1. a. : a miscellaneous collection o …   Useful english dictionary

  • job lot — UK / US noun [countable] Word forms job lot : singular job lot plural job lots several separate things that are sold or accepted together …   English dictionary

  • job lot — /dʒɒb ˈlɒt / (say job lot) noun 1. any large lot of goods handled by a jobber. 2. a miscellaneous quantity of goods. 3. any miscellaneous lot, usually of no great value …  

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