The phrase "multiple hundreds" means more than one hundred but doesn't give an exact number. It could mean a few hundreds or many hundreds, but we don't know the exact amount. Full definition
The mutual fund culture is so married to the notion that most money managers deserve to earn multiple hundreds of thousands of dollars, plus bonuses. (mybanktracker.com)
The mutual fund culture is so married to the notion that most money managers deserve to earn multiple hundreds of thousands of dollars, plus bonuses. (mybanktracker.com)
Let's say a company has a low enough share price that you can buy comfortably purchase multiple hundreds of their stock without losing diversification. (financialcanadian.com)