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 ?
Students can submit pieces of work for checking via the internet.
Through its comprehensive relationship with Corbis, a global licensor of still and moving images, RGB Labs has secured exclusive rights to access and distribute thousands of pieces of work from Corbis' collection of fine art and photography.
Laura, who is based in Newcastle but has family in Middlesbrough, was one of the artists commissioned to carry out major pieces of work as part of South Tees Hospitals NHS Trust's Healing Arts initiative.