Business Dictionary :
Lot : noun : large quantity
A lot of people are out of work.
Lots of people are out of work.
: group of items sold together at an auction
To bid for lot 23…
At the end of the auction half the lots were unsold.
: group of shares which are sold
To sell a lot of shares…
To sell shares in small lots…
(US) : piece of land especially one to be used for redevelopment
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