All resources
Glossary·2 min read

Lot

Definition: a single sellable unit at auction

Warehouse shelving of labelled inventory totes with a clipboard in the foreground, illustration for LotGlossary

The short answer

One sellable unit at auction, ranging from a case to a truckload.

A lot is a single sellable unit at auction. It can be a single case, a pallet, or a full truckload.