HomeDefinitionsCompareDebt Gift splittingThe financial definition for Gift splitting:A technique used to avoid a gift tax in which a large sum of money to be given by two parents to a child is halved and given to the child separately For example, a husband and wife each donate $10,000 to their child rather than one parent donating $20,000. Similar MatchesOrder splittingOrder splittingBreaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD. Click to compare definitions of Gift splitting Click to view definitions beginning gi |