Business and Personal Finance Dictionary

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• SPLIT LOAN - A combination of loan types forming one loan, such as a partial fixed/variable interest ra...
  
  
• SPLIT OFF - This occurs when equity shares of a subsidiary company are distributed to some of the paren...
  
  
• 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 ov...
  
  
• SPLIT PAYMENT - allows the customer to: a. pay part of the bill with cash and part with a credit card; ...
  
  
• SPLIT PRINT - Block trade printed at two different prices. Often used in dividend rolls to get an avera...
  
  
• 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 co...
  
  
• SPLIT UP - A diversion of a company into two or more parts through transfer of stock and parent company...
  
  
• SPLIT-COUPON BOND - A bond that begins as a zero-coupon bond paying no interest and converts to an inte...