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Investments glossary

Job Lot

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Quotes of the day:

Let me tell you something that we Israelis have against Moses. He took us 40 years through the desert in order to bring us to the one spot in the Middle East that has no oil!

— Golda Meir

A job lot is a futures contract with a commodities trading volume smaller than the levels required in regular contracts. These contracts, or lots, exist to add liquidity to futures exchanges by allowing smaller participants to enter the marketplace. A job lot can also be used to describe custom manufacturing orders that are batched together to increase efficiency and quality.



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