[split-uhp] 
| 1. | a splitting or separating into two or more parts. |
| 2. | a separation or dissociation of two groups or people. |
| 3. | Commerce. a process of reorganizing a corporate structure whereby all the capital stock and assets are exchanged for those of two or more newly established companies, resulting in the liquidation of the parent corporation. Compare spin-off (def. 1), split-off (def. 3). |
[split] verb, split, split⋅ting, noun, adjective | 1. | to divide or separate from end to end or into layers: to split a log in two. |
| 2. | to separate by cutting, chopping, etc., usually lengthwise: to split a piece from a block. |
| 3. | to tear or break apart; rend or burst: The wind split the sail. |
| 4. | to divide into distinct parts or portions (often fol. by up): We split up our rations. |
| 5. | to separate (a part) by such division. |
| 6. | to divide (persons) into different groups, factions, parties, etc., as by discord: to split a political party. |
| 7. | to separate (a group, family, etc.) by such division. |
| 8. | to cast (a ballot or vote) for candidates of more than one political party. |
| 9. | to divide between two or more persons, groups, etc.; share: We split a bottle of wine. |
| 10. | to separate into parts by interposing something: to split an infinitive. |
| 11. | Physics, Chemistry. to divide (molecules or atoms) by cleavage into smaller parts. |
| 12. | to issue additional shares of (stock) without charge to existing stockholders, thereby dividing their interest into a larger number of shares and reducing the price per share. |
| 13. | Slang. leave; depart from: Let's split this scene. |
| 14. | to divide, break, or part lengthwise: The board split in half. |
| 15. | to part, divide, or separate in any way (often fol. by up): The group of children split up into two teams. We'll split up here and meet later. |
| 16. | to break asunder, as a ship by striking on a rock. |
| 17. | to become separated, as a piece or part from a whole. |
| 18. | to part or separate, as through disagreement; sever relations: They split up after a year of marriage. He split with the company after a policy dispute. |
| 19. | to divide or share something with another or others; apportion. |
| 20. | Slang. to leave; depart. |
| 21. | the act of splitting. |
| 22. | a crack, tear, or fissure caused by splitting. |
| 23. | a piece or part separated by or as by splitting. |
| 24. | a breach or rupture, as between persons, in a party or organization, etc. |
| 25. | a faction, party, etc., formed by a rupture or schism. |
| 26. | an ice-cream dish made from sliced fruit, usually a banana, and ice cream, and covered with syrup and nuts. |
| 27. | Also called, especially British, nip. a bottle for wine or, sometimes, another beverage, containing from 6 to 6 1/2 oz. (170 to 184 g). |
| 28. | a bottle, as of soda, liquor, etc., which is half the usual size. |
| 29. | a strip split from an osier, used in basketmaking. |
| 30. | Masonry. a brick of normal length and breadth but of half normal thickness, used to give level support to a course of bricks laid over one not level. |
| 31. | Often, splits. the feat of separating the legs while sinking to the floor, until they extend at right angles to the body, as in stage performances or gymnastics. |
| 32. | Bowling. an arrangement of the pins remaining after the first bowl in two separated groups, so that a spare is difficult. |
| 33. | Philately. bisect (def. 5). |
| 34. | one of the layers of leather into which a skin is cut. |
| 35. | the act of splitting a stock. |
| 36. | that has undergone splitting; parted lengthwise; cleft. |
| 37. | disunited; divided: a split opinion. |
| 38. | (of a stock quotation) given in sixteenths instead of eighths of a point. |
| 39. | (of a stock) having undergone a split. |
| 40. | split hairs. hair (def. 11). |
| 41. | split the difference. difference (def. 13). |
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Case Study In April 1996, directors of the Coca-Cola Company approved a 2-for-1 split, the firm's fourth stock split in a decade. The announcement stated that trading in the split shares would begin on May 13, approximately a month after the split was announced. Shares of the firm's common stock fell by $1.25 with the announcement. Shareholders of Coca-Cola could expect that the stock price would decrease by half when the securities commenced trading on a post-split basis. A stock split results in additional shares of ownership without a corresponding change in total income or assets. All per-share financial statistics decline in proportion to the size of the split. Thus, a 2-for-1 split results in twice the outstanding shares, each with half the book value and half the earnings as prior to the split. In general, stock splits create more paper but not more value for shareholders, because the market value of the stock can be expected to fall in proportion to the size of the split. A stock trading at $60 per share just prior to a 4-for-1 split should trade at approximately $15 per share following the split. Academic research investigating how or when investors can profitably invest in stock split situations offers mixed results. Some research indicates that trading stock just prior to a split may create unusual profit opportunities. One well-known study finds that unusual returns can be earned in the days before and after the announcement, but not on the date of the actual split. Other research indicates investors will earn unusually low returns by investing in stock in the year or two following a split. This variability of results means the individual investors cannot expect to earn unusual profits by purchasing a stock just prior to or following a split. By the time a split occurs, any unusual profit opportunity has already passed. |
split up
split (splĭt)
v. split, split·ting, splits
To divide from end to end or along the grain by or as if by a sharp blow; tear.
To break, burst, or rip apart with force; rend.
To separate; disunite.
To break apart or divide a chemical compound into simpler constituents.
