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 ?
The business must be able to reliably move attached pieces of work around the globe.
We feature pieces of work from every single child, from those in the stay and play club through to Year 6.
She has since completed several other pieces of work for companies and hospitals and has shown her work at exhibitions in the Czech Republic, London, Lithuania, Oxford, Sunderland and Gateshead.
They can enter up to three pieces of work in any medium.