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 ?
Another of the Gold Cup runners, Tricky Trickster, did a super piece of work with Kicks For Free - the best I've seen from him all season.
We are honoured to be the chosen location for such a prestigious piece of work from a renowned artist," said Steven Byrne, MCD's managing director.
He saw the horse the week before last and will ride him in a piece of work in a couple of weeks' time.
We galloped him over a mile and a half and he put in an exemplary piece of work.
These artists then put their second piece of work before the judges at a national heat.
Said king, Olive, has been imprisoned for the past three years by his evil brother and usurper Boonder, a nasty piece of work who likes to put worms in his hair.
Because it's such a complex piece of work, that in itself keeps me really busy.
Visitors to the exhibition will also be asked to vote for their favourite piece of work.
These are however minor objections to an invaluable piece of work, which, with its brisk tables and summaries (Five Framing Lenses; Four Principal Ethical Theories; Significant Questions for Ethical Consideration, and so on) should be compulsory reading for architecture students.
A great piece of work of which Bruce can be very proud.
GoldDen, in Tennyson Road, Poets Corner, Stoke, picked up the award for best poster and a gong for the best piece of work on show at the Midlands and East Anglia Fresh Awards.
Markovitch and Demon Docker were two other notables from St Gatien Stables working upsides in a longer piece of work.