(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. Bloomberg Financial Dictionary
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split stock UK US noun [C or U] FINANCE, STOCK MARKET
► shares that have been divided into smaller shares to make them easier to sell at a lower price: »
Shares of split stocks on average outperformed the market by 8% the following year.
Financial and business terms. 2012.