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Split stock
The financial definition for Split stock:
(1) Purchases or sales shared with others. (2) Division of the outstanding shares of a corporation into a large number of shares. Ordinarily, splits must be proposed by directors and approved by shareholders.
Similar MatchesGift splittingGift 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.
Order splittingOrder splitting Breaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD.
Split commissionSplit commission A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker.
Further Suggestions Split coupon bond
Split fee option
Split offering
Split order
Split print
Split rate tax system
Split rating
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