BNET Business Dictionary

Business Definition for: Split

  • an issuance to stockholders of more than one share for every share owned.
  • See also Reverse Split

Wiktionary Definition for: Split

  • (''usually in the phrase'' '''to do the splits''') The acrobatic feat of spreading the legs flat on the floor 180 degrees apart, either sideways to the body or with one leg in front and one behind.
  • cattag baseball slang A split-finger fastball.
  • Ex: ''He's got a nasty '''split'''.''
  • cattag Bowling : A result of a first throw that leaves two or more pins standing with one or more pins between them knocked down.
  • A dessert or confection resembling a banana split.
  • A unit of measure used for champagne or other spirits (18.75 cl or 1/20th gallon or one quarter of a standard sized bottle, 750 cl)
  • transitive ergative Of something solid, to divide fully or partly along a more or less straight line.
  • Ex:''He has '''split''' his lip.''
  • transitive To share; to divide.
  • Ex:''We '''split''' the money among three people''
  • slang To leave.
  • Ex:''Let's '''split''' this scene and see if we can find a real party.''
  • to separate or break up.
  • Ex:''Did you hear Dick and Jane '''split'''? They'll probably get a divorce.''

Additional Resources

The IRS, Again, Takes Aim At Equity Split Dollar.(Brief Article)
In Notice 2001-10, the IRS takes its first serious look at split dollar since 1966, signaling a change in the tax treatment of equity split dollar. It both repeals and modifies key split-dollar rulings and sets up interim rules to govern the tax trea In Notice...
Tags: equity, Internal Revenue Service, tax
Research articles 2001-01-22
ECI share split postponed. (ECI Telecom)
ECI Telecom announced that its previously-announced proposed split of all outstanding ordinary shares on a 2-for- 1 basis will be delayed to allow additional time to obtain the shareholders' approval of the split. The split will be effected in the fo ECI Telecom announced that its...
Tags: split
Research articles 1993-10-29
Split-dollar agreements subject to new IRS regs.(Brief Article)
A formal notice from the IRS late last month will change how split-dollar life insurance agreements are structured and taxed. In simple terms, by entering into split-dollar agreements under which the premium cost is split between the employer and e A formal notice from...
Tags: agreement, Internal Revenue Service, payment
Research articles 2001-02-12
G-P won't split. (Markets Change).(Georgia-Pacific declines stock split)(Brief Article)
Georgia-Pacific (G-P), Atlanta, has decided not to split its stock after all. On February 27th the company's consumer products unit withdrew a $1 billion stock offering related to the split. The decision to withdraw the initial public offering Georgia-Pacific...
Tags: Georgia-Pacific Corp., IPO, split, stock
Research articles 2003-03-08
QLogic Split - stock split - Company Financial Information - Brief Article
QLogic Corp., a player in the input/output industry, announced that its board of directors ratified a proposed two for one stock split of the company's issued and outstanding common stock. The stock split will be effective on Feb. 15. QLogic anticipates that stock certificates representing each stockholder's post-split additional shares...
Tags: stock, stock split
Research articles 1999-02-08
To split, or not to split.
* A Microsoft split, anyone? The Justice Department, as well as a number of state officials, told the judge who declared Microsoft an antitrust violator last month that the world's biggest software maker ought to be split into two companies -- one *...
Tags: antitrust, Microsoft Corp., U.S. Department of Justice
Research articles 2000-05-01
Equity split dollar crisis may have silver lining.(tax treatment of equity split dollar life insurance)
The tax treatment of equity split dollar life insurance was overwhelmingly changed by an IRS tax ruling, TAM 9604001, issued in Jan 1996. The IRS ruled that employees who were equity split dollar life insurance policyholders had to declare as income the aThe tax treatment of equity split dollar life...
Tags: equity, insurance, Internal Revenue Service, tax
Research articles 1996-03-04
IRS memo gives new view on split dollar.(split-dollar life insurance)(Tax Facts & Figures)
The Internal Revenue Service IRS has issued a ruling that alters the tax treatment of split-dollar life insurance policies. Until recently, the original tax treatment of split-dollar life insurance that was promulgated by the IRS in the 1960s has followThe Internal Revenue Service IRS has issued a ruling that alters...
Tags: Internal Revenue Service, life insurance, tax
Research articles 1996-02-12
IRS rules on split dollar arrangement.(limited partnerships and split dollar life insurance)(Brief Article)
The Service has privately ruled that a limited partnership and its general partner may enter into a split dollar arrangement. Past rulings have dealt with split dollar arrangements between an employer and its employee or a corporation and its shareh The Service has privately ruled...
Tags: insurance, Internal Revenue Service, partnership
Research articles 1997-03-17
Celsion Announces 1-for-15 Reverse Stock Split; Stockholder-Approved Split Designed to Improve Capital Structure; Split-Adjusted Trading to Begin on February 28, 2006
COLUMBIA, Md. -- Celsion Corporation (AMEX:CLN) today announced that its Board of Directors has authorized a one-for-fifteen reverse split of its common stock, which was approved by Celsion stockholders at the Annual Meeting of Stockholders on May 19, 2005. This reverse stock split is being executed as part of Celsion's...
Tags: capital structure
Research articles 2006-02-27
Stock Splits Cause Surge, U.S. BioDefense Split and Stem Cell Initiative Presents Unique Opportunity
Stock splits announced recently should alert investors to good investment opportunities. Companies announcing splits include U.S. BioDefense (OTC BB: UBDF), American Medical Systems Holdings, Inc., and 21st Century Technologies Inc. U.S. BioDefense announced Friday that it has adopted a resolution to seek stockholder approval for authority to implement...
Tags: FINANCE, Investment, Nasdaq Stock Market Inc., split, stem-cell, stock
Research articles 2005-01-11
Reverse split dollar viable for 90s.
Reverse Split Dollar Viable For 90s Although the tax status of reverse split dollar plans is unclear, reverse split dollar will continue to be a plan of choice for selective compensation into the 1990s, according to Lawrence Brody, a partner in Bryan, Cave, McPheeters...
Tags: Benefits, FINANCE, Internal Revenue Service, Taxes
Research articles 1989-11-27
North Fork Bancorporation Announces a 10% Increase in Dividends and a Three for Two Stock Split
MELVILLE, N.Y. -- North Fork Bancorporation, Inc. (NYSE:NFB) announced that its Board of Directors approved a 10% increase in its regular quarterly cash dividend and declared a three for two split on its common stock. The quarterly dividend was increased by 10% to $.33 per share ($.22 per share...
Tags: North Fork Bancorporation Inc.
Research articles 2004-09-28
Schroders takes a split approach
Schroders is launching a new split capital investment trust Schroder Split Investment Fund plc that will seek to offer investors a high level of income together with the prospect of long- term growth of income and capital. Schroder Split Investment Fund plc will invest 75% of its...
Tags: Schroders Plc.
Research articles 2001-11-25
Split Dollar Tax Treatment Could Be Changed Significantly
The paper outlines about the IRS tax treatment notice of split dollar life insurance arrangements for employees. The notice clarifies old IRS rulings, provides interim guidance, and requests comments by April 30 on key split dollar issues. Under the notice's transition rules, some changes were applied in 2002, and others...
Tags: Aon Consulting, Income Tax, Life Insurance, Taxes, Insurance, Financial Planning, Payroll Solutions, Free Trade, Finance, Business Operations, Corporate Insurance
White papers 2001-02-06
Split Levels
The Internal Revenue Service is changing the rules governing split-dollar life insuranceagain. The IRS has just issued Notice 2002-8, which addresses split-dollar arrangements, or SDAs, and revokes Notice 2001-10 (the pronouncement on the same topic issu The Internal Revenue Service is changing the rules governing split-dollar life insuranceagain. The IRS...
Tags: Internal Revenue Service
Research articles 2002-02-01
The American Education Corporation Declares 1-for-2000 Reverse Stock Split Followed Immediately by 100-for-1 Forward Stock Split
OKLAHOMA CITY -- The American Education Corporation (OTCBB:AEDU) today announced that the 1-for-2,000 reverse stock split (the "Reverse Split") which was approved by the Company's board of directors on June 15, 2005 will become effective at the close of business on September 1, 2006 (the "Effective Date"). September 1, 2006...
Research articles 2006-08-21
General Electric will split its stock 2-for-1.(Brief Article)
General Electric will split its stock 2-for-1 The split will make the stock more attractive ... General Electric will split its stock 2-for-1 The split will make the stock more attractive to more investors and...
Tags: General Electric Co., stock
Research articles 1997-04-28
EchoStar announces stock split.
EchoStar Communications Corp. plans to conduct a 2-for-1 stock split on July 1. Shareholders of record as of the close of business July 1 will be entitled to one additional share of common stock for each share owned. The split will increase ... EchoStar...
Tags: EchoStar Communications Corp., stock, stock split
Research articles 1999-05-31
Vignette Announces Shareholder Approval of Reverse Stock Split; One-For-Ten Reverse Stock Split to Take Effect on June 10
AUSTIN, Texas -- Vignette Corp. (NASDAQ:VIGN) today announced that its shareholders approved an Amendment to Vignette's Amended and Restated Certificate of Incorporation to effect a one-for-ten reverse stock split during its annual shareholder meeting on Friday, May 27. The reverse split will take effect upon the close of markets on...
Tags: shareholder, stock, Vignette Corp.
Research articles 2005-05-31
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