Home > Glossary > Micro Lot

Meaning / Definition of

Micro Lot

Categories: Forex,

1,000 units of the base currency used in a forex trade contract (sometimes referred to as 0.01). The base currency is always the first currency quoted in a pair, for example USD/EUR uses us dollars as the base currency. It offers the investors more flexibility and less risk when dealing in small increments as opposed to standard or mini-lots.

Featured term of the day

Definition / Meaning of

Building Ordinance Coverage

Categories: Insurance,

removed

Most popular terms

1. Section 15 Declaration Of Incontestability
2. Hybrid Mortgage
3. Collateralized Mortgage Obligation (CMO)
4. Use In Commerce
5. Flexible Spending Account
6. Fast Market
7. Subprime Loans
8. Ordinance Or Law Coverage
9. Stowers Doctrine
10. Genetic Information Nondiscrimination Act (GINA) Of 2008

Search a term

Keyword:

Browse by alphabet

ABCDEFG
HIJKLMN
OPQRSTU
VWXYZ#

Browse by category

Accounting
Banking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital