Abstract. The degree of convergence of best approximation by piecewise polynomial and spline functions of fixed degree is analyzed via certain /"-spaces Ng'" (introduced for this purpose in [2]). We obtain two o-results and use pairs of inequalities of Bernstein-and Jackson-type to prove several direct and converse theorems. For/in Ng'" we define a derivative D"-'f in V, a = (n + p~l)~x, which agrees with D"ffot smooth/, and prove several properties of D"'".1. Introduction and summary of results. In this paper we prove direct and converse theorems for piecewise polynomial and spline approximation, of fixed degree, on optimal meshes in the Lp-norm, 1 < p < oo. There exists an intimate relationship between this problem and certain /"-spaces Ng,n. These were first introduced, in this connection, by Burchard and Hale [2], who established direct theorems of the 0(k~")-)and. Here, k is the order of the mesh, and n -1 the degree of the polynomial segments. In the present paper, we further analyze the spaces Ng,n. We obtain two direct "o" theorems (o(k~n) and o(k~n+x) resp.), as well as other direct and converse theorems, some of which give necessary and sufficient conditions for the degree of convergence 0(k~e) with 0 < 0 < n (the suboptimal case) or n -1 < 0 (n > 2). For 9 = n = 1 (the optimal case) direct and converse theorems do not yet match up, except forp = oo, a problem solved by J. P. Kahane.We mention that the o(fc-n+I)-result amounts to a significant weakening of the hypothesis in a theorem of Freud and Popov, which in turn is an improved extension of a theorem of Korneicuk [9]. Our o(k~")-theoxem shows, roughly speaking, if D"~xf EB\ and D"~xf is a singular function, then/ can be approximated more rapidly by piecewise solutions s of D"s = 0