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 ?
Jeter notes that private contractors all over the country are scrambling to get a piece of the action as states dismantle the public welfare system.
Now, the phrase is just as likely to describe anyone with a credit card - issued in the name of the Sierra Club, Wilderness Society, or any of a growing number of green groups looking for a plastic piece of the action.
Rewards can include such simple things as fun, personal growth, time off, praise, recognition, freedom, and a piece of the action. Laughter and humor help lessen stress and tension.
Outsiders want a piece of the action because of Monterrey's entrepreneurial business climate, a 140-mile hop to the U.S.
Google's new WebVR API takes a piece of the action by helping pave the way for VR web browsing.
Want a piece of the action? Pair this Milena blue crochet flower bralet, PS15, from Pretty Little Thing, left, with board shorts and a bomber for a sizzling look (www.prettylittlething.com).
She shows off her bod in the lingerie brand's finest offerings, but you too can have a piece of the action at a pursefriendly price.
It's good to see the mafia is alive and well and still getting a piece of the action.
Eager to get a piece of the action on Tyneside, local promoters SSD Concerts organised for the Brisbane duo to head to Newcastle to showcase their brand of indie-thrash-punk.
And he is looking forward to getting a piece of the action on the Ricoh Arena turf.
LLOYD SALTMAN has seen his old amateur pals shine on the Euro Tour and admits he's desperate for a piece of the action.
ME PLEASE: Who wants a piece of the action? TASTEFUL: TV chef Philip Harben tests the pie (zz091209chef) ARMOURED ESCORT: Crowds gather to wave the pie procession through the village.