A large number of shares owned by a single party (private owner [including funds and foundations], company, state). Trading in these shares (package deal) usually takes place outside the stock exchange and through the intermediary of a bank directly between the parties involved (usually 10,000 shares or more of stock is considered a block). – In connection with a securitization, a group of loans sold by an originator to a special-purpose entity, also known as a bundle, special asset, pool or portfolio. – In information technology, a unit that is transferred as a whole from one device to another via the network. An important characteristic of a packet is that, in addition to the data to be transmitted, it also contains the destination address. – See block trading, vendor financing, sales restrictions.
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