Used in the context of general equities. (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 noted by directors and approved by shareholders .
SPLIT STOCK
Meaning of SPLIT STOCK in English
Campbell R. Harvey. Hypertextual finance English glossary. Английский словарь гипертекстовых финансов. 2012