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Split
SplitSometimes companies split their outstanding shares into more shares. RELATED TERMS-------------------------------------- Split Sometimes companies split their outstanding shares into more shares. Outstanding 1) Of a debt: unpaid, remaining to be paid. 2) Of a person or other entity: remarkable, excellent, superior, etc. Shares Certificates or book entries representing ownership in a corporation or similar entity. SIMILAR TERMS-------------------------------------- Splice Brazil Splice Brazil is an IT and computers company in Brazil. Split commission A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker. Split coupon bond A bond that begins as a zero-coupon bond paying no interest and converts to an interest paying bond on a future date. Split fee option An 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 offering A municipal bond issue that is made up of serial bonds and term maturity bonds. Split order A 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. Split print Block trade printed at two different prices. Often used in dividend rolls to get an average price equal to the dividend. Split rate tax system A tax system that taxes retained earnings at a higher rate than earnings that are distributed as dividends. Split rating Two different ratings given to the same security by two important rating agencies. Split stock 1) Purchases or sales shared with others. 2) Division of the outstanding shares of a corporation into a large number of shares. Split Yield Split Yield is one of Canada's largest companies. PREVIOUS AND NEXT TERMS-------------------------------------- Spike Order ticket that shows the stock, price, number of shares, type, and account of the order. Origin: Practice of placing the ticket on a metal spike upon execution or cancellation. Spike is also a sudden, drastic increase in a company's share price. Spillovers Externalities, especially those resulting from public expenditure. Spin off A company can create an independent company from an existing part of the company by selling or distributing new shares in the so-called spin-off. Spinning In investment banking, the practice of an investment bank setting aside portions of a corporation's Initial Public Offering for senior management of that corporation. Ethically questionable practice which appears to be a form of bribery. SPINs Stands for Standard & Poor's 500 Index Subordinated Notes. Split Split commission A commission shared between a broker and a financial adviser or other professional who brought the customer to the broker. Split coupon bond A bond that begins as a zero-coupon bond paying no interest and converts to an interest paying bond on a future date. Split fee option An 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 offering A municipal bond issue that is made up of serial bonds and term maturity bonds. Split order A 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. We thank you for using the Financial Dictionary to search for Split. If you have a better definition for Split than the one presented here, please let us know by making use of the suggest a term option. This definition of Split may be disputed by other professionals. Our attempt is to provide easy definitions on Split and any other medical topic for the public at large.
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