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 middle piece elongated into a rather long cytoplasmic sheath surrounding the proximal part of the flagellum.
The 1-1[micro]m long principal piece follows the middle piece.
with it one can make a flute a half tone higher or lower without changing the middle pieces and without damaging pure intonation'.
Anurekha herself choreographed the middle piece, with the music and rhythmic accompaniment conceived by Ronu Majumdar, India's top flute player, and Partha Sarathi Mukherjee, the group's brilliant tabla player, who found himself with a walk-on role.