Meaning of “split-capital” in the English Dictionary

business-english dictionary

"split-capital" in Business English

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also split capital uk us 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)