lotlot /lɒtlɑːt/ noun [countableC]1COMMERCEsomething that is sold at an AUCTION, especially a group of things that are sold togetherThe auction was a record sell-out, with all but two of 111 lots sold for a total of £6.3 million.
→ job lot2FINANCE a group of shares that are sold together → round lot3MANUFACTURINGa quantity of goods that is produced at the same time or sold together as a groupBatch production is the production of standardised units in small or large lots.
4especially American EnglishAmEPROPERTY an area of land, especially one used for building ona car lot
→ vacant lot