Piece

(redirected from middle piece)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

Piece

Apply mainly to convertible securities. Increment of bonds that trade in portions of $1000 minimum. Not all bonds can be traded in "pieces," and the increments can vary.

Piece

Part of a block or exceptionally large amount or value of securities. While there is no specific definition of how many shares constitute a block, most people using the term refer to holding or trading more than 10,000 shares and/or shares worth more than $200,000. A piece is any section of this bought or sold separately from the rest of the block.

piece

A part of a large security offering.
References in periodicals archive ?
Energy required by the spermatozoon is supplied by mitochondria, which consume the endogenous substrate in the middle piece (Baccetti and Afzelius, 1976).
The mitochondria in the middle piece have evolved into the chondriosomal mantle, which is followed by the principal piece in which the axoneme is enwrapped with 9 groups of granular material.
Cut four three-inch-wide sections from the middle piece.
But the jewel in the crown of this triple bill is the middle piece - In the Upper Room by the American choreographer Twyla Tharp.