Business and Personal Finance Dictionary

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• SPIN-OFF - In a spin-off, a company sets up one of its existing subsidiaries or divisions as a separate...
  
  
• SPIN-OFF RULING - a legally binding ruling by the Internal Revenue Service as to any aspect of a spin-o...
  
  
• SPINNING - In investment banking, the practice of an investment bank setting aside portions of a corpor...
  
  
• SPINOFF - The creation of a new independent company from a existing company by the transfer of the asse...
  
  
• SPINS - Stands for Standard & Poor's 500 Index Subordinated Notes.
  
  
• SPLASH BLOCK - A small, specially designed portable concrete pad. Oriented downhill, splash blocks dire...
  
  
• SPLINE - A strip of material set in a groove to align and seal two logs at butt ends
  
  
• SPLIT - When a company increases the number of shares it has outstanding. In a two-for-one split, each ...
  
  
• SPLIT COMMISSION - A commission shared between a broker and a financial adviser or other professional w...
  
  
• SPLIT DEPOSIT - a transaction crediting one part of a check as a deposit and one part as cash