Piece

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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 ?
We've five copies of the new Piece by Piece CD and DVD to give away.
Diamond is not the first forest corporation to be bought up and sold off piece by piece.
We were trying to get everything out simultaneously, and now we're doing it piece by piece.
Piece by piece, the building's architectural elements and artwork were carefully restored to their original detail and luster.
The book is written in the form of a letter, in the first person, very linear, very chronological, piece by piece.
EdgeWater's research is distributed to its subscriber base, and is also available on a piece by piece basis on the Company's website, www.
Figuring that the Internet would prove a more fertile sales ground, Bliss took it apart to sell it piece by piece.
Collectors Donald and Shelley Rubin have dedicated themselves to preserving what remains piece by piece.
An engineering consultant team was created by the company president, Larry Van Tol, to assess the design of the entire production circuit and evaluate the equipment on a piece by piece basis.
Instead of trying to bamboozle and beguile the public into undoing Proposition 13 piece by piece, it would be refreshing to see leaders of both the parties put the real issue on the table and come up with a new tax policy that shares the burdens and benefits more fairly.
The 3,000-SF pub was designed and built in Ireland by Sonas, an Irish specialty bar builder, and then shipped to New York piece by piece where it was assembled on site.