Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
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Definition of 'Split'
When the number of shares of stock that is held is doubled while the price of each of those shares is now 1/2 of the original amount. Total stock value does not change.