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 classic literature ?
He took no place among those remarkable 'Hands,' who, piecing together their broken intervals of leisure through many years, had mastered difficult sciences, and acquired a knowledge of most unlikely things.
He expatiates on Mr Venus's patient habits and delicate manipulation; on his skill in piecing little things together; on his knowledge of various tissues and textures; on the likelihood of small indications leading him on to the discovery of great concealments.