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English definition of “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 adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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