Split-Off

A relatively rare situation in which a parent company offers to its shareholders stock in a subsidiary in exchange for a comparable amount of stock in the parent company. This allows the parent company to divest itself of the subsidiary. See also: Splitoff IPO.

splitoff

An exchange of the stock of a subsidiary for a pro rata surrender of stock in the parent corporation. A splitoff is similar to a spinoff, but in the case of the splitoff a smaller (or no) decline in the stock of the parent corporation should take place. Compare spinoff.

Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.

Mentioned in

References in periodicals archive

These are included as splitoffs when they move out of their 1968 household.

An analysis of the impact of sample attrition on the second generation of respondents in the Michigan Panel Study of Income Dynamics

Leveraged transactions are sometimes characterized by the incurring of substantial amounts of debt, as in the instance of spinoffs and splitoffs, leveraged buyouts, leveraged recapitalizations, debt recapitalizations, cross-entity guaranties, or leveraged distributions.

Minimising the Risk of Fraudulent Transfer Avoidance: A Good-Faith Solvency Opinion as the Shield to Protect a Leveraged Transaction

(21) Later that year, in July, the Central de Trabajadores Argentinos (CTA) and the Movimiento de Trabajadores Argentinos (MTA)--two dissident splitoffs from the CGT--along with a diverse group of organisations including students, small-scale agricultural and industrial producers, and left-wing parties, called for a federal march to protest against the economic policies of Menem's administration.

A tragic note: on Negri and Deleuze in the light of the 'Argentinazo'

** Protection of the tax-free status of corporate spin-offs, split-ups or splitoffs (Section 355);

Tax law uncertainty and the role of tax insurance

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.