split share Meaning in the Cambridge English Dictionary
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Meaning of “split share” in the English Dictionary

"split share" in Business English

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split sharenoun [C]

uk   us   FINANCE, STOCK MARKET
one of a ​group of ​shares that has been ​divided into ​smallershares to make them easier to ​sell at a ​lowerprice: If you ​purchaseshares between the Record Date and the Payable Date, you are ​entitled to receive an ​amount of ​splitsharesequal to the ​shares you ​purchased.
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(Definition of split share from the Cambridge Business English Dictionary © Cambridge University Press)
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