- lot
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lot n1: a portion of land; specif: a measured parcel of contiguous land having fixed boundaries and recorded (as on a plat) with the appropriate authority or office (as a registry of deeds)2: a single article, a number of units of an article, or a parcel of articles offered as one item (as in an auction sale); specif: a parcel or single article under the Uniform Commercial Code which is the subject matter of a separate sale, lease, or delivery whether or not it is sufficient to perform the contract see also odd lot, round lot
Merriam-Webster’s Dictionary of Law. Merriam-Webster. 1996.
- lot
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I
noun
parcel, part, piece, piece of ground, plot, portion, small parcel of land, subdivision, tract
associated concepts: adjacent lots, block, building lot, contiguous lots, partition of lots, vacant lot
II
index
assemblage, bulk, conglomeration, entirety, lottery, parcel, plight, plot (land), posture (situation), predetermination, property (land), quantity, real estate, situation
Burton's Legal Thesaurus. William C. Burton. 2006
- lot
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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.
Dictionary from West's Encyclopedia of American Law. 2005.
- lot
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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.
Short Dictionary of (mostly American) Legal Terms and Abbreviations.