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Definition of Reverse split
1. Noun. A decrease in the number of outstanding shares of a corporation without changing the shareholders' equity.
Generic synonyms: Decrease, Diminution, Reduction, Step-down
Lexicographical Neighbors of Reverse Split
Literary usage of Reverse split
Below you will find example usage of this term as found in modern and/or classical literature:
1. Financial Markets for the Rest of Us: An Easy Guide to Money, Bonds, Futures by Robert Vahid Hashemian (2001)
"A company with a low stock price may want to carry out a reverse split to hike
up its stock to a more presentable price. Reverse stock splits also have the ..."
2. Lathe Design for High- and Low-speed Steels: A Treatise on the Kinematical by John Thomas Nicolson, Dempster Smith (1908)
"... and a handle fitted to the sleeve rotates the nut, which thrusts against the
reverse split cone B, free on A, thereby thrusting it against the barrel, ..."