split-capital Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “split-capital” in the English Dictionary

"split-capital" in Business English

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split-capitaladjective

(also split capital) uk   us   (also split-cap) UK FINANCE, STOCK MARKET
used to describe an investmentfund (= ​moneycollected to be ​invested in ​shares, ​bonds, etc.) with two ​types of ​shares: incomeshares (= ones that ​providepayments from ​profits) and growthshares (= ones whose ​valueincreases over ​time): There have been problems when split-capital ​trustsinvestheavily in each other.
(Definition of split-capital from the Cambridge Business English Dictionary © Cambridge University Press)
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