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In sales, a parcel or single article that is the subject matter of a separate sale or delivery, irrespective of whether or not it is adequate to perform the contract. In the Securities and commodities market, a specific number of shares or a particular quantity of a commodity specified for trading. In the law of real estate, one of several parcels into which real property is divided.

A lot is ordinarily one of several contiguous pieces of land of which a block is composed. Real property is commonly described in terms of lot and block numbers on recorded maps and plats.


noun parcel, part, piece, piece of ground, plot, portion, small parcel of land, subdivision, tract
Associated concepts: adjacent lots, block, building lot, conniguous lots, partition of lots, vacant lot
See also: assemblage, bulk, conglomeration, entirety, land, lottery, parcel, plight, plot, posture, predetermination, property, quantity, real estate, situation

LOT. Anything on which depends the accidental determination of a right by which we acquire or lose something; or it is that which fortuitously determines what we are to acquire. When it can be certainly known what are our rights, we ought never to resort to a decision by lot; but when it is impossible to tell what actually belong to us, as if an estate is divided into three parts and one part given to each of three persons, the proper way to ascertain each one's part is to draw lots. Wolff, Dr. &c., de la Nat. Sec. 669.

References in periodicals archive ?
Though the strategy to construct the two-level parking lots has been charted earlier, the Bucharest City Hall just in 2016 has published the plan notices in the Electronic Public Procurement System SEAP.
An official of the NDMC too said they were holding talks with the DIMTS to take over its parking lots for better management.
PARKING LOTS AND GARAGES, 2013 Number Area, Number of [m.
Speaking on condition of anonymity, a security official standing at Sindh Secretariat gate told PPI, that these parking lots cause an imminent danger as anyone could park his bike without being noticed and checked.
During parking lot construction, the general contractor observed concrete crews' use of 3D grading and laser screed equipment, imparting automation and accuracy to labor-intensive processes.
From midnight till 9 am parking in the paid parking lots will
Obviously, we can't have someone running through a Walmart parking lot shooting at a deer," Jack Lucas, a wildlife conservation officer who investigated the incident (http://www.
Since water and oil don't mix, power washing parking lots with water will not remove the grime build up on the surface.
This isn't about changing anything; this is about using parking lots that are in existence currently," Mr.
The company sees potential demand for the business at other railway stations and bike parking lots at condominium complexes.
The problem with parking lots is that they accumulate a lot of pollutants--oil, grease, heavy metals, and sediment--that cannot be absorbed by the impervious surface," Engel said.
West Asheville Tailgate Market, rear of parking lot of West End Bakery and Haywood Road, Asheville, NC Wed 3:30-6:30pm, starts May 9th