See Also: Effective sale(finance)
Effective sale(money)
effective(dictionary)
Effective(medicine)
Effective(money)
effective(dictionary)
Effective rate(finance)
Effective date(finance)
Effective margin (EM)(finance)
Effective spread(finance)

Effective sale (finance)


A sale based on the most recent round-lot price, which determines the price of the next odd lot. The difference between the last round-lot price and the odd-lot price is the odd-lot differential.