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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 Matches

Gift splitting

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.


Order splitting

Order splitting
Breaking up orders so that they can be processed as small orders for execution by SOES. Prohibited by NASD.


Split commission

Split commission
A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker.


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Split stock
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