Odd Lot Sale Instruction

From Open Risk Manual

Definition

Odd Lot Sale Instruction. Notification of holder choice to sell odd-lot back to the issuing company.

This is in response to the Issuer-initiated Corporate Action in which they make an Odd Lot Offer.

SWIFT: Term:"Odd Lot Sale" Definition:"Sale of odd-lot back to the issuing company."

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.