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SplitIn the US, the issuing of additional shares by a company to its shareholders in proportion to their existing holdings but resulting in a correspondingly lower market price and as such no change in the value of the shareholders' equity. In a one for one split, original ownership of 1,000 shares at $10 per share changes to 2,000 shares at $5 per share.Similar MatchesSplit stockSplit 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. Split commissionSplit commissionA commission shared between a broker and a financial adviser or other professional who brought the customer to the broker. Split rate tax systemSplit rate tax systemA tax system that taxes retained earnings at a higher rate than earnings that are distributed as dividends. Split fee optionSplit fee optionAn option on an option. The buyer generally executes the split fee with first an initial fee, with a window period at the end of which (upon payment of a second fee) the original terms of the option may be extended to a later predetermined final notification date. Split orderSplit orderA large securities transaction that is divided into smaller orders that are spread out over some period of time to avoid large fluctuations in the market price. Further Suggestionssplit capital investment trustSplit rating Order splitting Split offering Stock split Split print Split coupon bond Gift splitting |
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