Meaning of the word "a piece of the pie" in English

What does "a piece of the pie" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

a piece of the pie

US /ə piːs əv ðə paɪ/
UK /ə piːs əv ðə paɪ/
"a piece of the pie" picture

Idiom

a share of something, especially money or profits, that is divided among a group of people

Example:
Everyone wants a piece of the pie when a new successful venture comes along.
After all his hard work, he felt he deserved a piece of the pie.