split-capital - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “split-capital”

split-capital

adjective ( also split capital)
 
 
( also split-cap) UK FINANCE, STOCK MARKET
used to describe an investment fund (= money collected to be invested in shares, bonds, etc.) with two types of shares: income shares (= ones that provide payments from profits) and growth shares (= ones whose value increases over time): There have been problems when split-capital trusts invest heavily in each other.
(Definition of split-capital from the Cambridge Business English Dictionary © Cambridge University Press)
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