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 ?
On-designed series will be connected to a total of 95 pieces of water connections.
The subject of the public contract is the supply of carbonated and non-carbonated drinking water in barrels, then hire a maximum of 40 pieces of water dispensers (22 for still water and 18 pc for carbonated water), including the implementation, maintenance and sanitation in a period of 48 consecutive calendar months.
equipment so that we can hone in the exact pieces of Water equipment that need replaced thereby utilizing our funds