odd lot noun3 •A block of shares of stock that is not a multiple of some number, usually 100. •A set of leftover goods, of a quantity less than an evenly divisible shippable unit, often sold at reduced price.Everard liked to shop at the stores specializing in odd lots down by the docks, as he was a cheapskate. •(figurative) An incomplete set or collection or assorted mix of items. formsodd lots