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 ?
"During the filming of Moving On, I thought that he wasn't long for this world, so we desperately tried to make sure it was the best episode we'd ever done, as we realised it could be his last piece of work - sadly it was.
'He'll probably do his final piece of work towards the end of this week and his plans haven't been changed at all.'
The horse looked well and did a brilliant piece of work.'
Karaktar completed his preparation with a light piece of work on Les Aigles yesterday, after which trainer Alain de Royer-Dupre said: "He did his main piece of work at Chantilly last week, so wasn't pushed too hard this morning.
If the initial piece of work above is successful and subject funding from the council there is the potential for this scheme to be rolled out across the authority to other schools and sites operated by the authority as and when required.
The Newmarket trainer said: "Unfortunately she picked up a minor injury while having her final piece of work before the Oaks so she will not be running at Epsom on Friday.
BRIAN Meehan already has the winter favourite for the Derby in his Manton yard in the shape of Crowded House - but the dogs were barking the name of another Classic contender after an apparently scintillating piece of work yesterday morning.
The Government last night welcomed a major report on Iraq which backed withdrawing most US combat troops by 2008 as a "substantial and complex piece of work".
Head of dance David O'Garr said: "Rosie has produced a very engaging piece of work for the final year students."
"It's not often we get to see such an important piece of work," says geneticist Pablo Rubinstein of the New York Blood Center.
Yes, The Football Factory is a contentious piece of work which offers no moral judgement for the actions of its characters, but having said that it's a powerful, and at times extremely entertaining piece of work.
Her memoir, the story of what it took for this woman to become a survivor and the prices she had to pay, is a potent piece of work, partly because Beer makes clear that by this telling she will have her final retribution on her tormenters.