Business Dictionary :

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Lot : noun : large quantity

  • A lot of people are out of work.

  • Lots of people are out of work.

  • Lot : noun : group of items sold together at an auction
  • To bid for lot 23…

  • At the end of the auction half the lots were unsold.

  • Lot : noun : group of shares which are sold
  • To sell a lot of shares…

  • To sell shares in small lots…

  • Lot : noun (US) : piece of land especially one to be used for redevelopment

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