Business Dictionary :
Lot

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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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