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Block Large quantity of stock or large dollar amount of bonds held or traded. As a rule of thumb, 10,000 shares or more of stock and $200,000 or more worth of bonds would be described as a block.
Block An 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. Almost invariably, trades of this magnitude involve institutional investors. See also: Block trade, Secondary issue. block An area bounded by perimeter streets.Many subdivision descriptions employ a subdivision name,and then a block number and a lot number to identify particular properties.The numbers are assigned when the subdivision developer files its plat plan with local authorities. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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