lotting
- noun
- Specialized
- Proper lotting of shares can make trading more efficient for investors.
Examples
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The auction house uses lotting to organize items before the sale begins.
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Effective lotting helps streamline the sales process for both buyers and sellers.
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The company improved its profits by changing its lotting strategy for bulk goods.
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The lotting process was completed last week.
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I don't understand the lotting rules for this auction.
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Before the sale began, the auctioneer explained the lotting system to the bidders.
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Investors should consider lotting their assets to improve transaction clarity.
Synonyms
Dividing something into parts and giving those parts to people
How Bundled
Surface Forms
Morphology
Etymology
Lotting comes from the old word lot, meaning 'share' or 'group', as in an auction 'lot' or a lottery, so grouping items into lots means putting them into 'shares' or batches for sale or trade.