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 ?
It looks cold and vacant; pets are getting torn to pieces by a vicious wild animal.
a disabled black man who was literally torn to pieces after being dragged to his death earlier this year by three white men in Jasper, Texas.
Peace advocates need to level the playing field by juxtaposing charts of corporate profits and campaign contributions with images of American soldiers killed and maimed by American-supplied weapons in Panama, Iraq, and Somalia, and of innocent civilians and their economies torn to pieces by U.
According to tradition, Pentheus, king of Thebes, was torn to pieces by the bacchantes when he attempted to spy on their activities, while the Athenians were punished with impotence for dishonoring Dionysus' cult.
After his birth, Dionysus was torn to pieces by the Titans at the jealous Hera's instigation.
We were bombarded by statistics, if not shells, and our hearts were torn to pieces by the thought of the unremitting hardship and the unrelenting horrors of the trenches during the First World War.
I recollect the most gruelling times, when beautiful hares were attacked by greyhounds and torn to pieces and how people cheered when the hare was caught.
I absolutely support people's rights to dress up, ride horses, have fun and socialise in the countryside - as long as an animal is not going to be torn to pieces.
Having said that, who can forget the bitter fighting over the future of hunting a few years ago, culminating in the 2004 Act which made the hunting of foxes with dogs illegal, and thus prevented animals being torn to pieces whenever a pack found their quarry?
I counted 15 bodies, most of them are women who were torn to pieces," Hasan Abdi Mohamed, one witness, said.
We inherited them when we moved in to rented accommodation while our real house is being torn to pieces by builders.