split-capital
(also split capital) adjective (also split-cap) UK FINANCE, STOCK MARKETDefinition
› 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 adjective from the Cambridge Business English Dictionary
© Cambridge University Press)
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