split share
noun[C]
FINANCE,STOCK MARKETukusone of agroupofsharesthat has beendividedintosmallersharesto make themeasiertosellat alowerprice:
If youpurchasesharesbetween the Record Date and the Payable Date, you areentitledtoreceiveanamountofsplitsharesequalto thesharesyoupurchased.
See also
split stock